RHJ International has agreed with KBC Asset Management to buy KBC Asset Management Dublin for a total upfront cash consideration of EUR23.7m, subject to closing adjustments. The seller will also receive 50 per cent, with a maximum of EUR3.5m, of a potential future capital reduction at KBC Asset Management Dublin. KBC Asset Management Dublin is an asset management firm which manages approximately EUR4bn of discretionary assets for institutional clients. It offers equity products in three core areas: environmental equities, dividend oriented equities and multi assets strategies.