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UBS reportedly reaches deal to buy Credit Suisse for more than $2 billion

MARKET PULSE UBS (UBS) will buy Credit Suisse for more than $2 billion in an all-stock deal, the Financial Times reported, citing people with direct knowledge of the transaction. The 0.50 francs per share UBS is offering, in stock, compares to Credit Suisse’s (CH:CSGN) closing price of 1.

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