Davis Polk, Sullivan, Proskauer Tapped For Artio IPO

Law360, New York (September 9, 2009, 7:04 PM EDT) -- Artio Global Investors Inc., Julius Baer Holding Ltd.'s U.S. asset management business, has filed a prospectus for an initial public offering, expecting to use the net proceeds of as much as $635.1 million to buy back shares from its parent and its principals.

Artio is selling 23.4 million shares of its Class A common stock, equal to 39 percent of voting rights, for an estimated $24 to $26 each, according to the prospectus filed Tuesday with the U.S. Securities and Exchange Commission. The company expects to...
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