EFG has “successfully and timely” closed the acquisition of BSI for a preliminary purchase price of CHF 1.06 billion (US$1.07 billion), despite a number of complications stemming from BSI’s involvement in an ongoing investigation into Malaysia sovereign fund, 1MDB. The closing of the acquisition presents a “historic milestone for both EFG International and BSI”, said Joachim H. Straehle, CEO of EFG International….
Have a confidential tip? Get in touch [email protected]