Bringing you live news and features since 2006 

EFG International reduces its stake in EFG Financial Products

RELATED TOPICS​

EFG International has reduced its stake in EFG Financial Products to just over 20 per cent as a result of the over-allotment option being exercised in full.

As part of the IPO of EFG Financial Products Holding AG, which commenced trading on the SIX Swiss Exchange on 19 October 2012, EFG International granted the underwriters an over-allotment option of up to 293,713 registered shares.

As announced today by the global co-ordinator and bookrunner of the transaction, this has now been fully exercised.

Taken together with the 1,270,472 registered shares sold in the base offering, EFG International has reduced its stake in EFG Financial Products from 58.3 per cent, before the IPO, to 20.3 per cent.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by