MQGPE News: Macquarie Slashes Startup Valuation After Julius Baer Protest - 2nd Mar 2024, 11:19pm

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(Bloomberg) -- Macquarie Capital is writing down nearly its entire investment in Indian startup Byju’s, 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 accused it of charging fees based on an outsized and outdated valuation, according to people familiar with the matter.

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