The announcement sent Rothschild & Co's shares soaring 17% The Rothschild family is planning to take Rothschild & Co, its namesake financial services group and one of the globe’s most prestigious investment banks, private, the family’s holding company, Concordia, announced on Monday. According to the statement, the family views private ownership of Rothschild & Co as “more appropriate than a public listing.” “None of the businesses of the group needs access to capital from the public equity markets. Furthermore, each of the businesses is better assessed on the basis of their long-term performance rather than short
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