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Friday, March 18, 2011

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

Dutch private bank Van Lanschot (VLAN.AS) said on Friday it was 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 1.35 billion euro ($1.9 billion) deal announced nearly a year ago.[ID:nWEA8495] Van Lanschot chief executive Floris Deckers told ANP-Reuters on Friday he would be interested in KBL assets now the deal with Hinduja Group was off.

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