Samena Capital buys equity stake in Kleinwort Benson's UK-based unit

May 26, 2015 6:36 AM

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DUBAI May 26 Dubai-based Samena Capital will purchase a significant equity stake in Kleinwort Benson's U.K.-based private bank unit, the private equity firm said on Tuesday.

The transaction involving Kleinwort Benson Bank, which offers private banking and corporate advisory services, will be completed by the third quarter of this year, a statement from Samena said. It did not disclose the deal value.

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