EFG says minimum price for capital increase 6.12 Sfr per share

April 7, 2016 5:21 AM

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ZURICH, April 7 EFG International AG will price a capital increase at a minimum of 6.12 Swiss francs per share to help fund a 1.33 billion Swiss franc ($1.39 billion) takeover of Grupo BTG Pactual SA's Swiss private bank BSI, EFG said on Thursday.

In an invitation to its April 29 annual shareholder meeting, EFG said the firm controlled by Greece's Latsis family, its biggest shareholder, had increased its commitment for shares in the capital increase to 271 million francs from 125 million francs.

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