EFG says in exclusive BSI talks, no decision yet made‍​

February 19, 2016 6:16 AM

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EFG says in exclusive BSI talks, no decision yet made‍​

ZURICH Swiss bank EFG International AG (EFGN.S) said on Friday it was in exclusive talks with Grupo BTG Pactual SA (BBTG11.SA) about acquiring the Brazilian company's Swiss private bank BSI.

"EFG International (EFG) has taken note of an online Ticino media report according to which EFG is in exclusive discussions with BTG Pactual in relation to a potential acquisition of BSI and that a decision is imminent," EFG said in a statement.

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