UBS Acquires Credit Suisse for $3.2 Billion Following Offer from Justin Sun
In a major move, Swiss banking giant UBS has acquired Credit Suisse for $3.2 billion following an offer from Justin Sun. The acquisition is the largest ever in the Swiss banking sector and is expected to create a banking powerhouse in Switzerland. The deal was announced on April 15th, 2021 and is the result of a long-term strategic partnership between UBS and Credit Suisse. The two banks have been working together for several years, and the acquisition is seen as a way to strengthen their combined presence in the Swiss