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New Deal


Announced

Graubündner Kantonalbank to acquire a 30% stake in Twelve Capital Holding.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For30%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Switzerland

Acquisition

Asset Managers and Custodians

asset management

Minority

Domestic

Private

Friendly

Single Bidder

Synopsis

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Graubündner Kantonalbank, a Swiss cantonal bank, agreed to acquire a 30% stake in Twelve Capital Holding, an alternative asset manager. Financial terms were not disclosed. "We are proud to be able to take this step and thus strengthen our sound investment expertise and expand the range of investment solutions. We are pleased to be able to offer our customers new opportunities in this way," Daniel Fust, GKB CEO.

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