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Julius Baer To Sell Wergen & Partner Wealth Management

Julius Baer Group said that it agreed to sell all shares in Wergen & Partner Wealth Management Ltd to the management of the Zurich-based independent wealth manager. The parties have agreed not to disclose the purchase price.

The transaction is expected to be closed in first-quarter of 2022.

Julius Baer acquired Wergen & Partner Wealth Management Ltd in February 2017.

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