March 4, 2019 / 6:16 AM / 19 days ago

Julius Baer buys majority stake in Mexican asset manager NSC Asesores

ZURICH, March 4 (Reuters) - Julius Baer has acquired an additional 30 percent in Mexican wealth manager NSC Asesores, the Swiss private bank said on Monday, taking its overall stake to 70 percent.

Zurich-based Julius Baer, which originally bought a 40 percent holding in NSC Asesores in 2015, paid an undisclosed amount to increase its shareholding. The deal for NSC Asesores, which manages assets of some $3.5 billion, will immediately add to Julius Baer’s earnings per share, the Swiss bank said. (Reporting by John Revill)

Nuestros Estándares:Los principios Thomson Reuters
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below