Societe Generale has negociated a binding offer with Oddo & Cie to acquire Kleinwort Benson Wealth Management (KB Bank Limited and KB Channel Islands Holdings Limited), the UK and the Channel Islands wealth management entities of BHF KB. This transaction is subject to the success of Oddo & Cie’s bid and to usual conditions, notably the negotiation of the share sale agreement with BHF Kleinwort Benson.

http://www.societegenerale.com/en/content/societe-generale-confirms-it-has-negotiated-binding-offer-oddo-cie-acquire-kleinwort-benso-0