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Full Version: Jialat : Credit Suisse against UBS takeover at $1B...latest update
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Based on last traded price the bank capitalisation isĀ $7B. How are shareholders supposed to accept such a low offer.


https://www.bloomberg.com/news/articles/...lion-offer
correct move.
we must not allow the thought to sink in
SNB no good.
Deal goes through after offer raised.
Looks like shareholders to lose more than 50% overnight as offer
Is less half the market cap of last close!

The Saudi National Bank which caused a run on the bank with it's remarks to the reporter a few days ago, lost most of its investments in Credit suisse which it made last year. Shows the importance of being careful what you say

https://www.bloomberg.com/news/articles/...end-crisis
Aiya low ball take over or privatisation are common ,this scenario happened in SG too like Chip ES, Boustead project etc....hope our banks won't have such thing happened.
TS sleeping when the deal signed.
Why not ask the major shareholder to take over instead. Asked them to pump in more money don't want, but low-ball offer, why not.

Maybe this kind of lobang must be reserved for ownself..
Yes too many banks so need merger or take over to reduce those lousy banks