UBS Acquires Credit Suisse for $3.2B Following Offer from Justin Sun
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https://zephyrnet.com/ubs-completes-credit-suisse-deal-for-3-2b-following-offer-from-justin-sun/
In a major move, UBS Group AG has acquired Credit Suisse Group AG for $3.2 billion following an offer from Justin Sun, the founder of cryptocurrency platform TRON. The acquisition is the largest of its kind in Switzerland and will create a banking powerhouse in the country. The deal was announced on June 15th, 2020 and is expected to close in the second half of 2021. It will create a banking giant with assets of around $1.3 trillion and more than 60,000 employees. The merger will also create a new