) has offered to buy Credit Suisse for up to $1 billion, with the Swiss government planning to change the country's laws to bypass a shareholder vote on the deal, the Financial Times reported on Sunday.
An offer was made on Sunday morning with a price of 0.25 Swiss francs a share to be paid in UBS stock, the newspaper said, citing people familiar with the matter. Credit Suisse's shares closed at 1.86 Swiss francs on Friday.
Got a steal
It's worth $ 7.2 Billion market price
💀
Parece que essa crise tá longe de passar. Inflação não para de subir e essa guerra que não acaba. E o FED dizendo que isso era passageiro e estava tudo sobre controle. 🤡🤡🤡
If no one offers more that IS it’s market value.
It is also possible that UBS is not considering the entire value of Credit Suisse, but only wants to acquire specific assets or lines of business This could be a tactic not to overheat the market on Monday and to attract other interested parties .
Why buy cs and get all their naked short positions, when you can pick up the good assets for pennies on the dollar after bankruptcy. No brainer
Tonight at the $cs head office…..
CREDIT SUISSE had plenty of black money from around the world... It's all gone... KARMA ✍️✍️
well played marketing & pr -ubs
Only $1bn too much. Take the deal.
Loool what a deal if UBS pulls this off 😂
Ultimately investor will loose money
A contrarian move to buy at undervalue.
Fake news...
And it's actual value is negative going bye bye. Sooo.... $CS
Bearish. $cs is toast. Welcome to the banking crisis of 2023
Margin Call Moment
Monday morning will be beautiful.😐
shit its will stop the vibes, lets hope both of them collapse and bankruptcy soon as possible
Short squeeze coming
Thought that would happen on Friday when they announced a reunion on the weekend. Bought puts 😊
They've been a basket case for years, I'm not sure how they would determine 'market value'.
Wow!! Wait in reactions on monday at the Stock Market… it get‘s fascinating …
you've been lying to people about the economy for years...they didn't tell the truth for once....believe me, the American economy is going bad...banks are failing..inflation is rising..destruction is coming
but, will appear others offers..! shares price will increase or not ?
I am offering 1000$ for Exxon Mobil. Serious offer above, please CEO of Exxon, consider the offer and DM me.
I’m sure they could get a much better bid on eBay.🙃
So, the objective was to save share price collapse before Monday, and now 1/4th price is fair valuation and it's a success So until Friday, the Swiss govt was fooling the Credit Suisse investors What else are they hiding?!!
How can it be worth anything if it’s about to go bust unless it’s bailed out or bought by someone?
Still too much. They should be grateful for a nominal fee of $1. It’s worse than a sinking ship, it’s infectious.
That’s a massive lowball. Right? Ain’t they worth lot more?
I want to buy all of Mcdonalds share for 100$. Hope it will go through
☠️
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: Reuters - 🏆 2. / 97 Read more »