CapLaw-2012-46

  • Safra Group Acquires Majority Interest in Bank Sarasin & Co. Ltd

    On 25 November 2011, Safra Group and Rabobank entered into a share purchase agreement under which Safra will acquire a majority shareholding (46.07% equity interest and 68.63% voting rights) in Bank Sarasin & Co. Ltd (Bank Sarasin) for CHF 1,040,000,000 to be paid in cash. The transaction was subject to approval and clearance by the…

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    Read more: Safra Group Acquires Majority Interest in Bank Sarasin & Co. Ltd