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We are pleased to announce that we supported Liechtensteinische Landesbank AG (“LLB”) as their sell-side lead advisor in divesting its Middle East business operations, located in both the Dubai International Financial Centre and Abu Dhabi to Rothschild & Co Bank AG (“R&Co”) structured as a referral agreement.
The deal underscores LLB’s ambition to further solidify its strategic focus on the DACH-region and serving their international clients from their locations in Liechtenstein, Switzerland, Austria and Germany. Through this referral deal with R&Co, the bank aims to provide new growth opportunities for their clients and employees in the Middle East.
R&Co is one of the most established independent financial services groups globally, with over 200 years of experience. As of 2024, R&Co has a presence in Dubai to serve clients in the Middle East in collaboration with its local Global Advisory presence, established in 2008. The management team of LLB emphasizes that R&Co will be an excellent partner for their clients and employees moving forward.
As PwC, we would like to thank the board and the management team of Liechtensteinische Landesbank AG for their trust and collaboration throughout the process.
The PwC team
- Falk von der Heyde (Partner)
- Martin Schilling (Managing Director)
- Emanuel Weber (Senior Manager)
- Sandro Di Bernardo (Manager)
