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Friday, March 18, 2011

Van Lanschot eyes deals including KBL assets, (VLAN), (KBC)

Dutch private bank Van Lanschot NV (VLAN.AS) said on Friday it is looking at acquisitions and would be interested in buying some assets from Luxembourg-based KBL European Private Bankers. Belgian banking and insurance group KBC Groep (KBC.BR) this week called off the planned sale of KBL, its private banking arm, to the Hinduja Group, a $1.7 billion deal that was announced nearly a year ago.[ID:nWEA8495] Van Lanschot Chief Executive Floris Deckers told ANP-Reuters on Friday he would be interested in some of KBL's assets now that the deal with the Hinduja Group was off.

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