BRUSSELS, Belgium, Dec. 18, 2015 (GLOBE NEWSWIRE) -- BHF Kleinwort Benson Group ("BHF KB" or the "Company") announces that it was informed today by the Financial Services and Markets Authority (the "FSMA") that Fosun (the "Bidder") withdraws its voluntary and conditional public takeover bid in cash (the "Bid") for the Company's outstanding shares. The Bidder has taken this decision to withdraw the Bid further to the mandatory counterbid (the "Counterbid") of €5.75 per share in cash announced on 27 November 2015 (as amended on 2 December 2015) by Oddo et Cie. A formal response on the Counterbid will be made by the Board once the final prospectus has been made available.
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About BHF Kleinwort Benson Group SA
BHF Kleinwort Benson (Euronext: BHFKB) is a limited liability company incorporated under the laws of Belgium, having its registered office at Avenue Louise 326, 1050 Brussels, Belgium. BHF Kleinwort Benson is a merchant bank with principal activities in private banking, asset management and financial markets & corporates.
For further information visit: www.BHFKleinwortBenson.com
Full Press Release (PDF) http://hugin.info/135946/R/1974877/722643.pdf
Source: BHF Kleinwort Benson