UBS Mergers and Acquisitions: A Comprehensive Guide

UBS has a long history of mergers and acquisitions, dating back to the 1990s. The bank's first major acquisition was the Swiss Bank Corporation in 1998.

One notable example is the acquisition of PaineWebber in 2000, which expanded UBS's presence in the US. This deal was valued at $12.4 billion.

In the early 2000s, UBS continued to grow through strategic acquisitions, including the purchase of U.S. Trust in 2000. This deal added to UBS's wealth management capabilities.

UBS's acquisition of the investment bank, Warburg Dillon Read, in 1997 marked a significant shift in the bank's strategy.

The deal between UBS Group AG and Credit Suisse is a massive one, with a price tag of over $3 billion.

UBS Group AG is buying Credit Suisse, a rival Swiss bank, to contain the financial crisis sparked by the collapse of two major U.S. banks last week.

The acquisition is a response to the turmoil in the financial sector, as evidenced by Credit Suisse's shares dropping approximately 30% on March 16, 2023.

The deal was announced on Sunday, marking a swift move to address the crisis.

UBS agreed to pay $3.2 billion in an all-share deal, with Credit Suisse investors receiving one UBS share for every 22.48 Credit Suisse shares held.

The deal represents a large discount compared to Credit Suisse’s market capitalization just two days ago, with UBS paying $0.82 per share, less than half of Credit Suisse’s $2.01 share price.

The combined company will have over $5 trillion in total invested assets, making it a massive financial entity.

UBS expects to make $8 billion in cost cuts over the next four years.

The Swiss government helped broker the deal, with an apparent goal of completing the merger before Asian markets open Monday morning.

The Swiss National Bank offered Credit Suisse and UBS up to $108 billion in liquidity assistance loans.

The Swiss National Bank has stated that the takeover of Credit Suisse by UBS has secured financial stability and protected the Swiss economy in this exceptional situation.

This takeover has been seen as a solution to the crisis, according to the Swiss National Bank.

The bank's statement highlights the importance of this deal in maintaining financial stability.

The takeover has provided a sense of relief for the Swiss economy, and the bank's words suggest that this is a positive development.

The Swiss National Bank's confidence in the takeover is evident in their statement, which emphasizes the security it has brought to the financial system.