Tot Beheer Van Volksvermogen NV and an undisclosed buyer acquired 20% stake in VDK Spaarbank N.V. for €40 million on October 11, 2016. Patrick Moermans, Kurt Huyghe and Charlotte Van Vossel of Banque Degroof Petercam SA acted as financial advisors for Volksvermogen.

Tot Beheer Van Volksvermogen NV and an undisclosed buyer completed the acquisition of 20% stake in VDK Spaarbank N.V. on October 11, 2016.