Page "A. G. Becker & Co." Paragraph 9

In 1974 A. G. Becker entered into a merger with Warburg Paribas, a newly formed American joint venture between London-based S. G. Warburg and Paris-based Paribas ( Compagnie Financi ere de Paris et des Pays-Bas, prior to the bank's nationalization in 1982 ).

As a result of the transaction, the firm operated under the name A. G. Becker-Warburg Paribas Becker and was 40 % owned by the two European merchant banks and 60 % owned by the existing shareholders of Becker, a combination of employees and management.

In 1982, the two European firms increased their stake from 40 % to just over 50 %, after make a joint investment of $ 15 million to $ 20 million.