J. Safra Sarasin Acquires Saxo Bank
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Business & Economics
Safra Sarasin to buy 70% stake in Saxo Bank

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 .
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