Report: Legend Holdings launches sale of Luxembourg's BIL
- Location
- Luxembourg City; subsidiary BIL Suisse (Switzerland) · 🇱🇺 Luxembourg
- Sector
- Banking
- Organisations
- Legend Holdings (Verkäufer; Käufer offen) ↔ Banque Internationale à Luxembourg (BIL), rund 90 %-Anteil inkl. BIL Suisse
- Transaction
- Sale process (reported)
- Volume
- not disclosed (valuation around €2.5bn or more, according to FT report)
- Status
- announced
Reported: according to the Financial Times of 20 Sep 2026, Hong Kong-listed Legend Holdings (Lenovo's main shareholder) has launched, with Goldman Sachs, the sale of its roughly 90% stake in Banque Internationale à Luxembourg, founded in 1856; first bids are expected by the end of September, parties from Europe and the Middle East are said to be interested, and the valuation is put at around €2.5bn or more. There is no official confirmation; Swiss subsidiary BIL Suisse would also be affected, and its change of ownership would require FINMA approval (finews.ch, 22 Sep 2026; Le Quotidien, 21 Sep 2026).
Source: finews.ch ↗ · Archived copy ↗
Evidence: one source · based on reports (not independently confirmed) · archived copy saved · How well sourced is Eurotrack?
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