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CS Credit Suisse Group

0.8858
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Credit Suisse Group NYSE:CS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.8858 0 01:00:00

Credit Suisse To Buy Out Neue Aargauer Bank Minority Holders

22/09/2010 6:37am

Dow Jones News


Credit Suisse (NYSE:CS)
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Credit Suisse Group (CS) said Wednesday it plans to buy out minority shareholders of Neue Aargauer Bank for a total of 37.5 million Swiss francs ($37.6 million).

MAIN FACTS:

- Credit Suisse currently holds around 98.6% of the share capital of Neue Aargauer Bank AG, or NAB.

- The offer price is CHF1,000 per share.

- A committee of the NAB Board of Directors has reviewed the offer; the committee and the entire NAB Board of Directors unanimously recommend its acceptance.

- The offer runs from Sept. 27, 2010, to Oct. 22, 2010.

Company Web Site: http://www.credit-suisse.com

-Zurich Bureau, Dow Jones Newswires; +41 43 443 8040; zurichdjnews@dowjones.com

 
 

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