Credit Suisse Buyout A ‘Steal,’ UBS Investors Say — Report


Despite the potential downsides of UBS's emergency acquisition of Credit Suisse, including significant job cuts, the departure of key personnel, and integration challenges, many UBS investors reportedly view it as a favorable deal for Switzerland's largest bank.

Following the completion of the 3 billion Swiss francs ($3.4 billion) deal last month, investors have embraced the optimism expressed by UBS Chairman Colm Kelleher, who has emphasized the numerous opportunities and risks associated with the takeover.

According to several fund managers who hold UBS stock, the prevailing sentiment is that UBS secured Credit Suisse at an advantageous price, with some even describing it as a steal, as reported by Reuters.

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