BRUSSELS, BELGIUM -- (Marketwire) -- 10/11/10 -- RHJ International S.A. ("RHJI") continues its drive to build a financial services franchise and has completed the acquisition of KBC Asset Management Limited ("KBCAM") from KBC Asset Management N.V. for a total cash consideration of EUR 23.7 million, subject to post closing adjustments.
About RHJ International:
RHJ International (Euronext: RHJI) is a limited liability company incorporated under the laws of Belgium, having its registered office at Avenue Louise 326, 1050 Brussels, Belgium. RHJI is transforming itself from a diversified industrial holding company into an active and dynamic financial services group. For further information visit: www.rhji.com.
This press release contains certain forward-looking statements concerning the Company's operations, economic performance and financial condition. Such forward-looking statements are based on management's current expectations, estimates and projections and are subject to a number of assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The Company has no obligation to publicly update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release.
Full Press Release (PDF): http://hugin.info/135946/R/1450696/392015.pdf
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Source: RHJ International SA via Thomson Reuters ONE