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Rothschild restructures as Sir Evelyn cashes out

Sir Evelyn de Rothschild has received more than €200m ($275m) for his share in the family banking business following a restructuring of its shareholder base to unify the English and French arms.

The Rothschild banking family have struck a deal worth €446m to buy out Evelyn and unify the shareholdings of the English and French branches of the family.

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