- (PLX AI) - Julius Baer reduces participation in NSC Asesores.
- • Julius Baer to sell 50.1% of its 70% stake in NSC Asesores to Stratos Wealth Partners, retaining 19.9%
- • The transaction follows a review of the Group's strategic participations and the conclusion that NSC Asesores can develop and grow best under a different ownership structure
- • The current managing partners of NSC Asesores will continue to hold 30% and Stratos Wealth Partners will be the new majority owner of the company
- • Julius Baer will retain a minority participation of 19.9% and remains committed to the Mexican market, which represents an important market for the Group
- • The transaction was signed and closed on the same day
© 2022 PLX AI