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16.06.11

CACEIS Bank Luxembourg and Fastnet Luxembourg merge

Following the recent acquisition by the CACEIS Group of the remaining 47.8% stake in Fastnet Luxembourg, CACEIS now has a 100% shareholding in the company.

Consequently, with two fully-owned entities in Luxembourg, it has been decided to merge Fastnet Luxembourg into CACEIS Bank Luxembourg with effect from 30 June 2011. The new merged entity will operate under the CACEIS Bank Luxembourg name.

Read the press release