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UBS News - Capital Increase Approved |
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UBS shareholders have voted to approve a capital increase by the Swiss banking group to raise 13 bln sfr, from Singapore's state investment arm and an undisclosed Middle Eastern investor. In a vote during the group's extra-ordinary general meeting, over 599.19 mln votes were made for the capital raising (99.8%), while just 87.02 mln votes were against.
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