Kleinwort Benson Group Announces Update on Regulatory Process for Proposed Acquisition of BHF-BANK

LONDON, Dec. 20, 2013 (GLOBE NEWSWIRE) -- Kleinwort Benson Group Limited ("KBG"), the wholly-owned subsidiary of financial services group RHJ International ("RHJI" or "the Company"), is announcing today that the formal 60 working day review period for the approval of the proposed acquisition of BHF-BANK ("BHF") has been extended by seven working days. The short extension from the original expiry date of February 18, 2014 to February 27, 2014 is based on German regulatory law provisions and reflects BaFin's request for additional information from RHJI, Kleinwort Benson Group and the co-investors. This information has already been provided.

About RHJ International

RHJ International is a financial services group with principal activities in wealth management, asset management and merchant banking. Our wealth management operations are conducted through Kleinwort Benson: an independent and relationship-driven private bank. RHJI's asset management operations are carried out by Kleinwort Benson Investors: a Dublin-based institutional asset manager that offers investors innovative and differentiated specialist strategies on both a segregated and unitised basis. RHJI is listed on the Euronext Brussels, with the ticker symbol "RHJI".

For further information, please contact:

Duncan Heath
Investor Relations Director
RHJ International
Tel: +32 2 643 6013
E-mail: dheath@rhji.com

Full Press Release (PDF) http://hugin.info/135946/R/1751358/590364.pdf


Source:RHJ International SA