Takeover: Latest News and Updates, Top Stories, Videos, Photos About Takeover

Takeover News

UBS-Credit Suisse Integration To Take 3-4 Years: UBS Group Ag Chairman Colm Kelleher

Today, on Wednesday April 5, 2023, in the annual general meeting, UBS Group AG Chairman Colm Kelleher said that the integration of Credit Suisse Group AG will take three to four years, excluding the wind down of the investment bank, first ...

FINMA Chief Defends Credit Suisse's UBS Takeover Rescue As "Best Option"

The chief executive of the Swiss Financial Market Supervisory Authority (FINMA), defended Credit Suisse's rescue through a controversial takeover by rival bank UBS as the best solution with least risk to avoid a wider crisis and severe damage to Switzerland's standing ...

UBS Rehires Ex-CEO, Sergio Ermotti To Handle Credit Suisse Takeover

Ex-CEO Sergio Ermotti has been rehired as the CEO by UBS Group AG to handle the massive takeover of neighbour Credit Suisse, as per a Reuters report. It is a suprising move by UBS indents to take advantage of his experience ...

L&T To Buy 20.4% Stake In MindTree, Bid For Another 31% Via Open Offer

Infratsructure and engineering major, L&T is expected to purchase the 20.4% stake held by the CCD founder V.G. Siddhartha and his two other affiliate of the same company in mid-sized Information Technology company, Mindtree. Further, the company can also make bid ...

Sebi asks additional disclosures under takeover regulations

Mumbai: Market regulator Sebi on Monday asked entities acquiring substantial shares in listed companies to make additional disclosures regarding pledging of scrips, a move that will help investors to make an informed decision. "In order to ensure that adequate disclosures ...