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Julius Baer set to announce bid to acquire rival bank

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Swiss bank Julius Baer is poised to announce a bid to buy rival Sarasin on Monday from Dutch Rabobank RABN.UL, a Swiss news website reported. "The takeover will be officially announced on Monday," one unnamed financial source in London told the Cash website. Cash also cited sources as saying Baer…

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Click here to read the full story: Reuters

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