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UBS Is Buying Credit Suisse For $3.2 Billion

Hosted by
Bullish Studio
Published on
March 30, 2023
Description
UBS offer represents a fraction of the bank's roughly $8.5 billion market capitalization as of Friday's close. The terms of the deal will see Credit Suisse shareholders receive 1 UBS share for every 22.48 Credit Suisse shares they hold. The combined bank will have $5 trillion of invested assets.
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