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KAS BANK is a Netherlands-based financial services company specialized in wholesale securities services, while Deutsche Postbank is a provider of banking and financial services.
Announcement (July 16, 2009):
KAS BANK has entered into an agreement to acquire Deutsche Postbank Privat Investment from Deutsche Postbank.
Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2009-08-01
Deal Participants
Acquirer (Company) KAS BANK N.V. Vendor (Company) Deutsche Postbank AG
Deal Rationale
The acquisition would enable KAS BANK to further strengthen it business in the German market.
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The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
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