Julius Bär acquisition of Merrill Lynch International Indian international wealth management business

20/9/2015

Private acquisition

Status:

Completed

Date:

20/9/2015

Overview:

Julius Bär has acquired Merrill Lynch's international wealth management business in India.
The deal also included the related lending business and trust services.
This was in line with the global acquisition by JBG of the overseas non-US wealth-management operations of Bank of America Corporation.

Katrin Kostadinova - Data analyst

Jurisdictions:

India
Switzerland

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

India

Industry sector:

Financial services

Firms:

Cleary Gottlieb Steen & Hamilton

Party: DSP Merrill Lynch (Target)

Cyril Amarchand Mangaldas

Party: Bank of America Merrill Lynch (Seller)

Lawyers: Cyril Shroff, Radhika Gaggar

Khaitan & Co

Party: Julius Bär (Acquirer)

Lawyer: Arindam Ghosh

Linklaters

Party: Julius Bär (Acquirer)

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