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UBS agrees to buy Credit Suisse for more than $2 billion: Report

UBS had earlier tabled an offer of about $1 billion, or 0.25 francs a share for Credit Suisse, which the firm had pushed back on, people with knowledge of the matter said earlier on Sunday

Credit Suisse
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3 min read Last Updated : Mar 20 2023 | 0:26 AM IST
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UBS Group AG agreed to buy Credit Suisse Group AG in a historic, government-brokered deal aimed at containing a crisis of confidence that threatened to spread across global financial markets. 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Credit Suisse crisis nears finale as UBS discussions on takeover heat up

Top headlines: UBS eyes Credit Suisse takeover, Amritpal declared fugitive

Credit Suisse meets to weigh options, under pressure to merge with UBS

Topics : Credit Suisse UBS Group Switzerland

First Published: Mar 19 2023 | 5:58 PM IST

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