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(Bloomberg) -- Macquarie Capital is writing down nearly its entire investment in Indian startup Byjuâs, weeks after Swiss bank Julius Baer Group Ltd. accused it of charging fees based on an outsized and outdated valuation, according to people familiar with the matter.
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>>> Read more: Macquarie Slashes Startup Valuation After Julius Baer Protest
Most Read from Bloomberg
Return-to-Work Policies Devolve Into a Toxic Cultural Flashpoint Ukraine to Get 155mm Artillery Shells Found in Czech-Led Effort Crafts Retailer Joann Is Planning a Bankruptcy Filing That Would Hand ...
>>> Read more: Macquarie Slashes Startup Valuation After Julius Baer Protest