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The shareholders of Crystal Finance Investments Limited and Calamatta Cuschieri Group plc have reached a preliminary agreement for the transfer of the entire shareholding of Crystal Finance Investments Limited to Calamatta Cuschieri Group plc. This agreement is subject to all regulatory approvals, amongst which that by the MFSA, and a normal due diligence.
This proposed acquisition will further strengthen Calamatta Cuschieri Group plc’s position as one of the largest investment services groups in Malta. Crystal Finance Investments Ltd’s clients will stand to benefit from various synergies, including new investment opportunities and additional electronic services.
All employees of Crystal Finance Investments Limited shall be retained on the same terms and conditions. Crystal Finance Investments Ltd. will continue to operate normally under its own brand and clients will continue to be serviced by their usual Client Advisor through its branches in Valletta, Qormi, Mosta, Msida and Victoria Gozo.
A copy of the Maltese Press Release can be downloaded here.
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