RHJ’s Kleinwort Benson to Buy Close Brothers Offshore

(Corrects assets under management in second paragraph.)

March 10 (Bloomberg) -- RHJ International SA said its private-banking unit Kleinwort Benson agreed to buy Close Brothers Offshore Group for 29.1 million pounds in cash.

The Channel Islands operations of Close Brothers will increase Kleinwort Benson’s assets under management to about 7 billion pounds.

Link to Statement:{NSN LHU57E3PR6RK <GO>} Link to Company News:{RHJI BB <Equity> CN <GO>}

To contact the editor responsible for this story: John Martens at jmartens1@bloomberg.net