UBS offers to buy Credit Suisse for up to $1 billion - FT
Summary by Reuters
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.
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Times of India
UBS offers to buy Credit Suisse for up to $1 billion, reports Financial Times
The Swiss government is planning to change the country's laws to bypass a shareholder vote on the deal.
Banking giant UBS acquiring Credit Suisse for US$3.2 billion
Banking giant UBS is buying troubled rival Credit Suisse for almost US$3.25 billion, in a deal orchestrated by regulators in an effort to avoid further market-shaking turmoil in the global banking system.
UBS offers to buy Credit Suisse for up to $1 billion
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.
Credit Suisse said to push back against UBS's $1bn offer
UBS Group is offering to buy Credit Suisse Group for as much as $1bn (€930,000), a deal that the troubled Swiss firm is pushing back on with backing from its biggest shareholder.