Media sources citing unnamed insiders indicate that Legend Holdings is collaborating with Goldman Sachs to explore the sale of its 90% stake in Banque Internationale à Luxembourg. Initial bids are anticipated to be due around the end of this month, with the bank's valuation potentially reaching roughly €2.5 billion or exceeding that figure.

According to the report, Legend Holdings has already attracted preliminary interest from institutional investors based in Europe and the Middle East. Certain interested parties are examining the possibility of acquiring only portions of the bank's operations. As of now, there remains uncertainty regarding whether a transaction will ultimately be finalized.