Credit Suisse shareholders fighting UBS face limited document access

Credit Suisse shareholders who are demanding more for their shares from UBS are currently only allowed to make limited public statements. This has been ordered by the Zurich Commercial Court. How much was Credit Suisse worth when it was taken over by UBS on March 19, 2023? Two and a half years after the collapse of Swiss banking giant Credit Suisse, this question continues to stir up emotions. +Get the most important news from Switzerland in your inbox Shareholders contest takeover terms Credit Suisse shareholders received one UBS share for every CHF22.48 ($28.2) of their Credit Suisse holdings — in other words, 76 rappen per share. Far too little, according to a group of 39 plaintiffs who have taken UBS to the Zurich Commercial Court: depending on the valuation method applied, a Credit Suisse share was worth anywhere between CHF2 and more than CHF9. In June, the Commercial Court commissioned two experts – Peter Leibfried, professor at the University of St. Gallen, and Roger ... Full story here Are you the author? Previous post See more for 3.) Swissinfo Business and Economy Next post
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