Monday, June 6, 2011

Kleinwort Benson purchase of Close Offshore Group as been completed.

The acquisition, which was announced in March, is for a cash consideration of £26.4 million, subject to post closing adjustments, and comprises Close Offshore Group’s private banking, fund administration, fund management, trust and asset management businesses across Guernsey, Jersey and the Isle of Man.

For more information please see the Isle news website .