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UBS UBS Group AG

30.40
0.30 (1.00%)
21 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
UBS Group AG NYSE:UBS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.30 1.00% 30.40 30.425 30.045 30.07 1,250,166 22:49:14

Citadel Securities Makes Bid for Credit Suisse China Unit, Bloomberg Reports

11/01/2024 8:19am

Dow Jones News


UBS (NYSE:UBS)
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From Nov 2023 to May 2024

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-- Citadel Securities has made a non-binding offer for Credit Suisse's securities venture in China, Bloomberg reports, citing unnamed sources.

-- Citadel put in an offer in late December for the business, which mainly comprises investment banking and brokerage operations, for a range of 1.5 billion to 2 billion yuan ($209.2 million-$278.9 million), according to Bloomberg.

-- Both Credit Suisse parent company UBS and Citadel Securities declined to comment when contacted by Dow Jones Newswires.

 

Full story: https://shorturl.at/bgyOW

 

Write to Pierre Bertrand at pierre.bertrand@wsj.com

 

(END) Dow Jones Newswires

January 11, 2024 03:04 ET (08:04 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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