US EditionChinese investor reportedly considering sale of Luxembourg’s BIL
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.5 Articles
5 Articles
This is what the Noriichtenagence Reuters reports, which is the source of information about the news.
According to the Reuters agency, Legend Holdings would like to sell its 90% stake in the International Bank in Luxembourg (BIL). The Chinese investment company had bought the shares in 2017 and offered €1.48 billion to the Qatari group and former majority shareholder Precision Capital. The Luxembourg state retained 10% of the bank. ...
13:49 Chinese investment company Legend Holdings is exploring options for its 90 percent stake in Luxembourg bank Banque Internationale à Luxembourg, Reuters reports.
The BIL, one of the oldest banks in the Grand Duchy, is 90% managed by the Chinese group Legend Holdings.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
