M&A Archives - Page 296 of 448

2 minute read

‘Subsidiary Of New York Community Bancorp, Inc., To Assume Deposits Of Signature Bridge Bank, N.A.’ – FDIC

March 19, 8:34 PM

https://www.fdic.gov/news/press-releases/2023/pr23021.html The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement for substantially all deposits and certain loan portfolios of

KBE

3 minute read

Here’s How Much Marjorie Taylor Greene May Have Lost From Investing In The Donald Trump SPAC Deal

By Chris Katje

March 19, 4:05 PM

A SPAC merger plans to bring former President Donald Trump’s new social media platform and media assets public. The SPAC saw a huge increase in its share price in 2021 after the deal was announced. A member of the U.S. Congress was one of the people who bought shares of the SPAC. Here’s a look at the potential loss the Congress member now has.

DWAC

1 minute read

New York Community Bancorp to Pursue Deal for Signature – Bloomberg News

By Happy Mohamed

March 19, 4:02 PM

https://www.bloomberg.com/news/articles/2023-03-19/new-york-community-bancorp-said-to-pursue-deal-for-signature?leadSource=uverify%20wall

KBE

3 minute read

It’s Official: UBS Confirms Deal To Buy Troubled Peer Credit Suisse For $3.2B In Swiss Central Bank-Brokered Deal

By Shanthi Rexaline

March 19, 3:30 PM

Swiss investment bank UBS Group AG (NYSE: UBS) and its beleaguered peer Credit Suisse AG (NYSE:

1 minute read

M&A
News

UBS to Acquire Credit Suisse; Credit Suisse Shareholders To Receive 1 UBS Share For Every 22.48 Credit Suisse Shares Held

By Charles Gross

March 19, 3:06 PM

UBS (NYSE: UBS) (SWX:UBSN) plans to acquire Credit Suisse. The combination is expected to create a business with more than USD 5 trillion in total invested assets and sustainable value opportunities.

3 minute read

FINMA Approves Merger Of UBS And Credit Suisse

By Charles Gross

March 19, 3:01 PM

The Swiss Financial Market Supervisory Authority FINMA has approved the takeover of Credit Suisse by UBS. FINMA welcomes the takeover solution and the measures taken by the Swiss Confederation and the Swiss National Bank SNB. The transaction and the measures taken will ensure stability for the bank's customers and for the financial centre.

1 minute read

‘SNB Offers Roughly $100B Liquidity Line To UBS As Part Of Credit Suisse Deal, Sources’ – WSJ

By Happy Mohamed

March 19, 1:49 PM

https://www.wsj.com/articles/snb-offers-roughly-100-billion-liquidity-line-to-ubs-as-part-of-credit-suisse-deal-sources-19ea0ecd?mod=Searchresults_pos1&page=1

4 minute read

‘UBS Agrees To Buy Credit Suisse For More Than $2B’ – Financial Times

By Happy Mohamed

March 19, 1:48 PM

https://www.ft.com/content/ec4be743-052a-4381-a923-c2fbd7ea9cfd Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com

1 minute read

M&A
News

UBS Offers To Buy Credit Suisse For Up To $1B

By Charles Gross

March 19, 7:44 AM

-FT https://www.ft.com/content/ec4be743-052a-4381-a923-c2fbd7ea9cfd

1 minute read

M&A
News

Reuters Reported Earlier: UBS Seeks ~$6B In Government Guarantees For Credit Suisse Deal; Talks Likely to Run Into Sunday

By Charles Gross

March 18, 6:19 PM

https://www.reuters.com/markets/deals/ubs-seeks-about-6-bn-government-guarantees-credit-suisse-deal-source-2023-03-18/#:~:text=March%2018%20(Reuters)%20%2D%20UBS,discussions%20told%20Reuters%20on%20Saturday.