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IKB Deutsche Industriebank AG sells IKB Leasing Group to
HPS Investment Partners

[Düsseldorf, 29 June 2017] IKB Deutsche Industriebank AG today agreed the sale of the IKB Leasing Group to investment funds managed by HPS Investment Partners, LLC (“HPS”). The transaction is subject to the approval of the banking supervisory authorities and is expected to come into effect in the second half of 2017. It was agreed that the purchase price would not be disclosed. With the sale of the IKB Leasing Group, IKB advances the focus on its core business with upper mid-market companies. -> More

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