CarsonGale avatar
Carson Gale
closes Jan 1, 2024
Will UBS acquire Credit Suisse in 2023?
97%
chance

The acquisition could take many forms including but not limited to a merger, a takeover or an asset purchase. This market will resolve as YES if an official announcement is made by either UBS or Credit Suisse confirming the acquisition before December 31st, 2023. Otherwise, this market will resolve as NO.

Update 2023-03-19: The acquisition must be completed for positive resolution.

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Tyler31 avatar
Tyler31bought Ṁ25 of NO

“This market will resolve as YES if an official announcement is made by either UBS or Credit Suisse confirming the acquisition” confirming it is planned/agreed or that it has gone through?

Does the deal have to close by end of year?

CarsonGale avatar
Carson Galeis predicting NO at 96%

@Tyler31 The acquisition has to have been completed

CarsonGale avatar
Carson Galeis predicting NO at 96%

*and yes, it has to have been completed by end of year. If it is substantially done but there is some legal minutiae to work out, that would be enough for a positive resolution.

Gabrielle avatar
Gabriellebought Ṁ1,000 of YES

UBS has agreed to buy Credit Suisse after increasing its offer to more than $2bn, with Swiss authorities poised to change the country’s laws to bypass a shareholder vote on the transaction as they rush to finalise a deal before Monday.

https://www.ft.com/content/ec4be743-052a-4381-a923-c2fbd7ea9cfd