Swiss bank GKB takes 30% stake in Twelve Capital
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Swiss bank GKB takes 30% stake in Twelve Capital

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Graubündner Kantonalbank (GKB) has agreed to acquire a 30% stake in the Zurich-based independent investment manager Twelve Capital Holding, which specialises in investments in the insurance sector.

Subject to regulatory approval, the transaction is expected to close in Q2, and a representative of GKB will serve as a member of Twelve Capital’s board of directors.

The

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