Il Quotidiano Online Il Quotidiano Online è la voce libera ed autentica della comunità e del variegato territorio che si vive ogni giorno
EFG International AG shares surged following reports of market speculation that Julius Baer Group Ltd. might soon announce a takeover of its rival. The private bank’s shares rose by as much as 10% and were temporarily halted on Thursday due to excessive volatility, following a report by Inside Paradeplatz suggesting an announcement could come on Friday after the market closes. Meanwhile, Julius Baer shares fell by as much as 6.7% after the report. Representatives for both EFG and Julius Baer declined to comment when contacted by Bloomberg News. In late May, Bloomberg reported that Zurich-based Julius Baer had held preliminary …
Leggi di piu »Julius Baer Shares Decline Amid Increased Speculation Over EFG Deal
