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

Sale details and financial performance disclosed

2 Sep 21 · 5d ago · 1 article · 1 post · 2 sources · development 2 of 2

Coverage reveals the €2.5 billion valuation target, BIL's strong 2025 results (€210 million net profit, up 24%; €50.1 billion in assets under management, up 7%), and that some bidders may pursue only selected parts of the bank rather than the full institution.

Sale details and financial performance disclosed
Yahoo Finance

“Legend agreed in 2017 to acquire Precision Capital's 89.936% holding in BIL in a transaction that valued the Luxembourg banking group at approximately €1.6 billion.”

Financial Times / Private Banker International

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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Peak 1 piece in two hours at Sep 19, 11 PM; 3 pieces over 7 days (2 articles · 1 post) Sep 19, 11 PM — 1 piece · 1 article — Newswires 1Sep 20, 1 AM — quietSep 20, 3 AM — quietSep 20, 5 AM — quietSep 20, 7 AM — quietSep 20, 9 AM — quietSep 20, 11 AM — quietSep 20, 1 PM — quietSep 20, 3 PM — quietSep 20, 5 PM — quietSep 20, 7 PM — quietSep 20, 9 PM — quietSep 20, 11 PM — quietSep 21, 1 AM — quietSep 21, 3 AM — quietSep 21, 5 AM — quietSep 21, 7 AM — 1 piece · 1 article — Newswires 1Sep 21, 9 AM — quietSep 21, 11 AM — quietSep 21, 1 PM — 1 piece · 1 post — Mastodon 1Sep 21, 3 PM — quietSep 21, 5 PM — quietSep 21, 7 PM — quietSep 21, 9 PM — quietSep 21, 11 PM — quietSep 22, 1 AM — quietSep 22, 3 AM — quietSep 22, 5 AM — quietSep 22, 7 AM — quietSep 22, 9 AM — quietSep 22, 11 AM — quietSep 22, 1 PM — quietSep 22, 3 PM — quietSep 22, 5 PM — quietSep 22, 7 PM — quietSep 22, 9 PM — quietSep 22, 11 PM — quietSep 23, 1 AM — quietSep 23, 3 AM — quietSep 23, 5 AM — quietSep 23, 7 AM — quietSep 23, 9 AM — quietSep 23, 11 AM — quietSep 23, 1 PM — quietSep 23, 3 PM — quietSep 23, 5 PM — quietSep 23, 7 PM — quietSep 23, 9 PM — quietSep 23, 11 PM — quietSep 24, 1 AM — quietSep 24, 3 AM — quietSep 24, 5 AM — quietSep 24, 7 AM — quietSep 24, 9 AM — quietSep 24, 11 AM — quietSep 24, 1 PM — quietSep 24, 3 PM — quietSep 24, 5 PM — quietSep 24, 7 PM — quietSep 24, 9 PM — quietSep 24, 11 PM — quietYesterday, 1 AM — quietYesterday, 3 AM — quietYesterday, 5 AM — quietYesterday, 7 AM — quietYesterday, 9 AM — quietYesterday, 11 AM — quietYesterday, 1 PM — quietYesterday, 3 PM — quietYesterday, 5 PM — quietYesterday, 7 PM — quietYesterday, 9 PM — quietYesterday, 11 PM — quietToday, 1 AM — quietToday, 3 AM — quietToday, 5 AM — quietToday, 7 AM — quietToday, 9 AM — quietToday, 11 AM — quietToday, 1 PM — quiet 12
1Legend launches formal sale process for…2Sale details and financial performance…
Sep 20Sep 21Sep 22Sep 23Sep 24yesterdaynow · 3:17 PM ET

Reported in the same hours no headline names this development itself — these 1 claim were published in its stretch

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

    first by Yahoo Finance, 5d ago

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