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CCI approves proposed merger of Credit Suisse Group AG with UBS Group AG
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....CI approves proposed merger of Credit Suisse Group AG with UBS Group AG <br>News and Press Release<br>Dated:- 19-5-2023<br><BR>The Competition Commission of India (CCI) approves the proposed merger of....
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.... Credit Suisse Group AG with UBS Group AG. The UBS Group AG (UBS) is a multinational investment bank and financial services company founded and based in Switzerland, and active globally. UBS' busines....
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....ses comprise wealth management, asset management, investment banking services, and retail and corporate banking. In India, UBS' business is primarily focused on brokerage services. Credit Suisse Grou....
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....p AG (Credit Suisse) is a multinational investment bank and financial services company founded and based in Switzerland. Credit Suisse is active globally and its businesses comprise wealth management,....
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.... asset management, investment banking services, and retail and corporate banking. In India, Credit Suisse's businesses comprise wealth management and investment banking services. The proposed combina....
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....tion entails UBS's proposed acquisition of Credit Suisse by way of an absorption merger with UBS being the surviving legal entity (Proposed Combination). Detailed order of the CCI will follow.<BR> Ne....
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....ws - Press release - PIB....