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According to Bloomberg, UBS Chairman is studying the feasibility of Credit Suisse Deal

  • September 14, 2020

POTENTIAL DEAL DETAILS

StockUBS Group AGSymbolUBS
Date Announced09/14/2020Source Bloomberg
TypeCompany Seeking Strategic Alternatives

According to Bloomberg, UBS Group (UBS) Chairman Axel Weber has been studying the feasibility of a mega-merger with rival Credit Suisse Group (CS) as part of a regular thought-exercise on future strategic options.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.