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UBS buys Credit score Suisse in government-brokered, $3.2 billion all-share deal

Gaze Weekly by Gaze Weekly
March 21, 2023
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UBS buys Credit score Suisse in government-brokered, $3.2 billion all-share deal
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Credit score Suisse, a storied financial institution established within the nineteenth century, is in its final days as an impartial entity. Switzerland’s largest financial institution UBS has agreed to accumulate it in a $3.2 billion all-share deal. The pressured takeover was brokered by regulators and the Swiss authorities, who feared reputational injury to the nation’s monetary sector and needed to cease the disaster spreading additional. We take a better look.



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Tags: allsharebillionbuyscreditdealgovernmentbrokeredSuisseUBS
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