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Baer Makes ‘Generous Assumption’ for U.S. Tax Matter, FuW Says

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Julius Baer Group Ltd. has made a “generous assumption” for a U.S. tax matter, Chief Financial Officer Dieter Enkelmann told Finanz und Wirtschaft. Enkelmann was replying to the newspaper’s question on whether Julius Baer’s Aug. 20 decision to cut a rights offer by 250 million francs ($259 million) would affect…

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