BELLEVUE GROUP AG (FRA:CH002842) EQS-Adhoc: Bellevue Group successfully closes the sale of Bank am Bellevue to Quintet
Transparency directive : regulatory news
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EQS Group-Ad-hoc: Bellevue Group AG / Key word(s): Disposal Media Release Küsnacht, May 4, 2020 Bellevue Group successfully closes the sale of Bank am Bellevue to Quintet After receiving all the necessary regulatory approvals, Bellevue Group successfully closed the sale of Bank am Bellevue to Quintet Private Bank (formerly KBL European Private Bankers) on April 30, 2020. Bank am Bellevue's workforce and its client relationships with underlying assets of CHF 1.6 bn have been transferred to Quintet. Constructive collaboration between the two parties was the critical factor for the successful completion of the transaction. Quintet and Bellevue Group will now examine collaboration opportunities in the asset management business, specifically in the global healthcare sector where Bellevue Group is an international leader. Bellevue Group is focusing on the steady expansion of its asset management and private market business.
Events calendar: Contact: Investor Relations: Patrik Gilli, CFO Bellevue Group
Bellevue Group End of ad hoc announcement |
| Language: | English |
| Company: | Bellevue Group AG |
| Seestraße 16 | |
| 8700 Küsnacht | |
| Switzerland | |
| Phone: | +41 44 267 67 00 |
| Fax: | +41 44 267 67 01 |
| E-mail: | info@bellevue.ch |
| Internet: | www.bellevue.ch |
| ISIN: | CH0028422100 |
| Valor: | A0LG3Z |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 1034071 |
| End of Announcement | EQS Group News Service |
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1034071 04-May-2020 CET/CEST