11/30/11
S&C Advise On $1.1 Billion Acquisition Deal
Safra Group, Brazilian banking company, agreed Friday to pay about $1.1 billion in cash to acquire Switzerland's Bank Sarasin. Rabobank Group of the Netherlands will be handing over the Sarasin stake to Safra. It holds a 46 percent equity interest and 68.6 percent of the voting rights through its two classes of stock ownership in Sarasin. After the acquisition, Safra will have expanded its private banking business beyond its current market in Europe and the Americas into the Middle East and Asia. Sullivan & Cromwell and the Swiss firm Lenz & Staehelin are hired by Safra.
Only LawCrossing consolidates every job it can find in the legal industry and puts all of the job listings it locates in one place.
Popular Questions
- Why LawCrossing's Marketing Problem is Good for You
- Why It is Important to See Every Job Site There is
- Private versus Public Job Boards
- Why You Need to Manage Your Job Search in One Place
- Who Else Wants Their Phone Ringing Off the Hook With Quality Job Interviews?
- Do Not Use Another Job Board Until You Read This
Do you want a better legal career?
Hi, I'm Harrison Barnes.
I'm serious about improving Lawyers' legal careers. My only question is, will it be yours?
