Dutch Financial Services Co. In Talks For $1.8B PE Infusion

Law360, New York (January 31, 2013, 1:37 PM EST) -- Dutch banking and insurance group SNS Reaal NV on Thursday confirmed it is in talks with private equity firms over a potential cash infusion after a local newspaper reported a consortium led by London's CVC Capital Partners was mulling a contribution of up to $1.8 billion.

SNS Reaal — one of the Netherlands' largest financial services providers — said that if a deal goes through, it would involve a substantial issue of shares and reorganization of outstanding subordinated debt. Still, the company cautioned that it could...
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