UBS offers to buy Credit Suisse for up to $1bn


As reported by FT. Shareholders expected to lose out the most with owners getting back 0.25 francs per share in terms of UBS share for an all stock deal.

Thoughts on this? Know plenty who tried to play the risky game and loaded up on CS shares, and it could heavily bite them back. Are we seeing an inflection point in the financial world?


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