Notenstein Privatbank AG to acquire a client asset portfolio from LBBW (Schweiz) AG
Notenstein Privatbank AG (Notenstein) and LBBW (Schweiz) AG (LBBW), the Swiss subsidiary of Landesbank Baden-Württemberg, have entered into an acquisition agreement under which Notenstein will acquire a portfolio including most of the client assets managed by LBBW. The transaction is set to be completed in the fourth quarter of 2014.
Froriep is assisting Notenstein as transaction counsel. The Froriep team is led by partners Dr Beat M Barthold (M&A) and Dr Ansgar Schott (Banking & Finance) and includes senior associate Pascal Richard (M&A) and associate Julia Reidemeister (Banking & Finance).