UBS Is Buying Credit Suisse For $3.2 Billion

Name: UBS Is Buying Credit Suisse For $3.2 Billion
Uploaded: 2023-03-30T11:06:36+00:00
Duration: 1 min 11 s
Channel: Bullish Studio
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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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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