acquisition offer

  • Credit Suisse reportedly will reject UBS’s $1 billion acquisition offer

    According to reports, Credit Suisse is said to be rejecting UBS’s $1 billion acquisition offer. Previously, UBS proposed to acquire Credit Suisse for up to US $1 billion and acquire Credit Suisse shares for 0.25 Swiss francs per share. Interpretation of this information: The news of Credit Suisse rejecting UBS’s acquisition offer has spread like wildfire. Reports suggest that Credit Suisse has declined the proposal, which included a US$1 billion cash bid and an offer to acquire Credit Suisse shares for 0.25 Swiss francs per share. This development has created…

    03/19/2023
    217
  • Insider: First Citizen Bank of the United States is considering acquiring Silicon Valley Bank

    According to reports, people familiar with the matter disclosed that First Citizens BancShares of the United States is evaluating its acquisition offer for Silicon Valley Bank. People familiar with the matter said the First Citizen Bank of the United States, headquartered in Naroli, North Carolina, is one of the few potential buyers of the bankrupt Silicon Valley bank, and the offer will be closed on Sunday morning. Interpretation of this information: First Citizens BancShares, a leading financial institution in the United States, is reportedly considering its acquisition offer for Silicon…

    03/19/2023
    203