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J. Safra Sarasin Group to acquire remaining stake in Saxo Bank, with Kim Fournais remaining Chairman of the Board of Directors

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Bank J. Safra Sarasin has announced an agreement to acquire the remaining stake held indirectly by Kim Fournais in Saxo Holding AG, representing approximately 28.69%, following Bank J. Safra Sarasin’s exercise of a call option in the shareholders agreement entered between the parties.    Kim Fournais will remain Chairman of…

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