Transaction

Sale of 51% of the bank to Banque Degroof

Role:

Financial advisor to the seller

Year: 

N/A

Client:

Banque Degroof

Description

GBS Finance acted as financial advisor to the Catalan entity owned by a group of family companies, Privat Bank, in the sale of 51% to the Belgian bank Banque Degroof, for a consideration of about €24m.