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UBS's acquisition of Credit Suisse to be completed as early as June 12

Felicia Tan
Felicia Tan • 1 min read
UBS's acquisition of Credit Suisse to be completed as early as June 12
The acquisition was first announced on March 19 when UBS offered to buy Credit Suisse for up to US$1 billion. Photo: Bloomberg
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The acquisition of Credit Suisse Group AG by UBS Group AG may be completed by as early as June 12.

The acquisition was first announced on March 19 when UBS offered to buy Credit Suisse for up to US$1 billion ($1.34 billion).

Upon the completion of the acquisition, UBS will be the only entity left. At the time, Credit Suisse’s shares and American depositary shares (ADS) will be delisted from the SIX Swiss Exchange and the New York Stock Exchange (NYSE) respectively.

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