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Announced

LAIQON to merge with BV Holding.

Synopsis

LAIQON, an asset management factory specializing in sustainable investments, agreed to merge with BV Holding, a private equity firm. Financial terms were not disclosed. Both BV Holding and Lloyd are expanding their range of services through the merger. In the long term, Bayerische Vermögen Group aims to become one of the leading bank-independent asset managers in Germany. Lloyd may expand its range of services for wealthy private and also institutional clients.

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