Waystone to acquire BIL Manage Invest from Banque Internationale à Luxembourg.

Waystone, a provider of a wide range of services to the asset management industry, agreed to acquire BIL Manage Invest, a multi-business bank, from Banque Internationale à Luxembourg, a multi-business bank in Luxembourg. Financial terms were not disclosed. “This marks a new chapter for BIL Manage Invest. By joining Waystone, a leading provider of fund services, we will be ideally positioned to support our clients with enhanced capabilities and global reach. We are confident that this will create long-term value for our clients, employees, and partners.” Alain Bastin, BIL Manage Invest CEO.