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Leonteq Securities earmarked for IPO during the fourth quarter

[ investor-relations | ipo ]

EFG International intends to proceed with the initial public offering of EFG Financial Products Holding AG, its Zurich-based integrated structured investment service provider, on the SIX Swiss Exchange in the fourth quarter of 2012, subject to market conditions. This is in keeping with EFG International’s business review, announced in October 2011, which sought to refocus the business on private banking and earmarked EFG Financial Products for an IPO. It also reflects the progress made by EFG Financial Products in recent years; its future growth potential; and the belief that it can benefit from a more independent positioning.

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