UBS offers to buy Credit Suisse for up to $1 billion: Report ...Middle East

UBS Group AG has offered to buy Credit Suisse for up to $1 billion, with the Swiss government planning to change the country's laws to bypass a shareholder vote on the deal, the Financial Times reported on Sunday.The proposed all-share deal between Switzerland's two biggest banks is set to be signed as soon as Sunday evening, the report said, adding that the deal will be priced at a fraction of Credit Suisse's closing price on Friday.

Hence then, the article about ubs offers to buy credit suisse for up to 1 billion report was published today ( Sunday 19/03/2023 - 03:56 PM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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