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RBA-Holding and BEKB sell Entris Operations AG (copy 2)

26. May 2014
RBA-Holding AG, a common organization of 37 Swiss regional banks, and Berner Kantonalbank AG have sold Entris Operations AG to Swisscom IT Services AG. Entris Operations was jointly owned by RBA-Holding and BEKB. It primarily processes payment transactions and securities trading for around 50 banks. The transaction shall be closed by the end of June. Bratschi Wiederkehr & Buob (BWB) acted as legal counsel for RBA-Holding AG in this transaction. BWB's team was led by Dr. Martin Moser (Co-Head Corporate/M&A). Press releases from RBA-Holding, BEKB and Swisscom.

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