EFG dismisses Julius Baer takeover rumours

Pedro Gonçalves
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EFG dismisses Julius Baer takeover rumours

Swiss wealth manager EFG International has dismissed media reports over a potential acquisition by Julius Baer. "EFG International and its principal shareholder, EFG Bank European Financial Group, dismiss speculation regarding an alleged acquisition of EFG International by Julius Baer," it said in a statement. "Multiple recent media articles on this topic are false, unfounded and misleading. No transaction discussions are taking place between EFG Bank European Financial Group and Julius...

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