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Legend Holdings launches €2.5bn sale of Luxembourg's oldest bank

Legend launches formal sale process for BIL stake

1 Sep 20 · 6d ago · 1 article · 1 source · development 1 of 2

Legend Holdings officially begins marketing its 90% stake in Banque Internationale à Luxembourg with Goldman Sachs as advisor. Initial bids are due around the end of September, with preliminary interest already received from financial institutions in Europe and the Middle East.

Legend launches formal sale process for BIL stake
Yahoo Finance

“Initial bids for Legend Holdings' 90% stake in Banque Internationale à Luxembourg are due around the month-end”

Financial Times · rss ↗

Legend Holdings Chinese investment group and sellerGoldman Sachs Financial advisorGrand Duchy of Luxembourg Minority shareholderBanque Internationale à Luxembourg (BIL) Asset being sold

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1Legend launches formal sale process for…2Sale details and financial performance…
Sep 20Sep 21Sep 22Sep 23Sep 24yesterdaynow · 3:16 PM ET

What was reported 2 claims about this development

  1. 1 outlet Legend launches sale of Banque Internationale à Luxembourg – report

    first by Yahoo Finance, 5d ago

  2. 1 outlet Chinese owners launch €2.5bn sale of Luxembourg’s oldest bank

    first by FT, 6d ago

All 2 developments of Legend Holdings launches €2.5bn sale of Luxembourg's oldest… →

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