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EFG International AG (EFGN.SW)
| Previous close | 13.36 |
| Open | 13.10 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 13.30 - 13.56 |
| 52-week range | 9.30 - 13.74 |
| Volume | |
| Avg. volume | 320,974 |
| Market cap | 4.023B |
| Beta (5Y monthly) | 0.40 |
| PE ratio (TTM) | 14.68 |
| EPS (TTM) | 0.91 |
| Earnings date | 24 Jul 2024 |
| Forward dividend & yield | 1.00 (7.49%) |
| Ex-dividend date | 26 Mar 2024 |
| 1y target est | 13.51 |
ReutersExclusive-Regulatory concerns stopped Julius Baer, EFG takeover talks, sources say
Swiss regulatory concerns scuppered talks between private banks Julius Baer and EFG International over a potential tie-up worth some 15 billion Swiss francs ($17 billion), two sources with knowledge of the matter told Reuters. The two banks held talks in early 2024 and reached an agreement in principle, the sources said on Tuesday, speaking on condition of anonymity because of the sensitivity of the matter. But financial regulator FINMA signalled that it had concerns about the potential deal, the sources said.
ReutersShares in Swiss bank EFG jump on renewed takeover speculation
Shares in Swiss bank EFG International rose by as much as 10% on Thursday fuelled by a media report that the bank could soon be subject to a takeover bid by Swiss rival Julius Baer. Swiss financial news website Inside Paradeplatz said there was market talk Julius Baer was lining up a bid for EFG in shares and cash worth 4.5 billion Swiss francs ($5.05 billion), although it described the information as "speculation".
ReutersJulius Baer, EFG stopped takeover talks after initial approach, sources say
ZURICH/MADRID (Reuters) -Swiss private bank Julius Baer held talks with EFG International about a potential takeover in recent months but the discussions have stopped, people with knowledge of the matter told Reuters. The two Swiss banks were in talks around the time Julius Baer ousted its chief executive officer Philipp Rickenbacher in February, after losses on loans to failed property firm Signa, the people said. Julius Baer considered EFG's CEO Giorgio Pradelli as a potential head of a combined entity as part of the takeover deliberations, the people said.
