Crédit Agricole S.A.: CACEIS to acquire Edmond de Rothschild's asset servicing unit
CACEIS will acquire Edmond de Rothschild's third-party Asset Servicing business in Luxembourg and servicing for its PE/Infrastructure funds. The terms are undisclosed and the closing is subject to CSSF approval. The CET1 impact for Crédit Agricole S.A. is non-significant.
CACEIS will acquire Edmond de Rothschild’s third-party Asset Servicing business in Luxembourg, along with servicing for its PE/Infrastructure funds, the companies said. The terms were not disclosed. A. is non-significant.