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Safra Sarasin to buy 70% stake in Saxo Bank

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Summary
Nutrition label

84% Informative

J. Safra Sarasin Group has signed an agreement to acquire approximately 70% of Saxo Bank .

The transaction is said to be valued at around $ 1.19bn .

The shares were previously held by Geely Financials Denmark , part of Zhejiang Geely Holding Group , and Mandatum Group .

VR Score

85

Informative language

84

Neutral language

71

Article tone

formal

Language

English

Language complexity

66

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links