UPDATE: 11/30/11, 3:25 p.m. EST. Rabobank was advised by Swiss firm CMS von Erlach Henrici. And, Homburger’s team advising Sarasin was led by M&A partner Daniel Daeniker.

Brazilian banking company Safra Group agreed Friday to pay about $1.1 billion in cash to take control of Switzerland’s Bank Sarasin.

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