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  1. Wealth
September 15, 2009

WBrief: Kleinwort Benson enters last stage of bidding

By Spear's

Kleinwort Benson, the UK private bank up for sale by its German parent, will receive final bids this week but the bank declined to name any of the bidders.

Kleinwort Benson, the UK private bank up for sale by its German parent, will receive final bids this week but the bank declined to name any of the bidders.

When asked by WealthBriefing the identity of such bidders, or whether the number of suitors had been reduced to one, the bank declined to comment.

“Negotiations are at a critical stage. What I can say is that the final bids are being put in this week. But in no way have we narrowed it down to a single company,” a spokesperson said.

To read the full story, visit wealthbriefing.com

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