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Rabobank takes hold of Bank Sarasin

This content was published on Jan 9, 2007 For its part, Sarasin, which along with other mid-sized wealth managers has faced stiff competition from banking giants such as UBS, has unveiled ambitious growth goals. Under the SFr445 million ($360 million) deal, Rabobank has acquired a 46 per cent stake Sarasin’s equity capital and 69 per cent of its voting rights. In a statement,…