• The Daily News Show

  UBS offers up to $1 billion to rescue Credit Suisse, report says

  Posted by  Gatherer on March 19, 2023 at 9:21 AM

  Credit Suisse was worth about $9.5 billion when trading ended on Friday.

  Arnd Wiegmann/Getty Images

  UBS is offering to pay up to $1 billion to buy Credit Suisse, the Financial Times reported. UBS has been in talks this weekend about buying some or all of its troubled Swiss rival. Credit Suisse believed the offer was too low, Bloomberg reported. 

  UBS is proposing to pay up to $1 billion to rescue its troubled Swiss rival Credit Suisse, the Financial Times reported Sunday. 

  Swiss regulators plan to make an emergency change to laws so it can avoid a shareholder vote on the deal to

  Visit the Source

   Gatherer replied 1 week, 5 days ago 1 Member · 0 Replies
• 0 Replies

Log In to Reply