UBS acquires Credit Suisse for $3.23 billionSUCHI News

Suchi News

UBS Group will acquire rival Credit Suisse for 3 billion Swiss Francs ($3.23 billion), the company said on Sunday.

Under the terms of the transaction, Credit Suisse shareholders will receive 1 UBS share for every 22.48 Credit Suisse shares held for a total of 3 billion francs. .

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