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Cevian Takes $1.3 Bln Stake in UBS, Citing Potential to Increase Value -- Update

Por: MarketWatch Business December 19, 2023

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The board and management team are doing an excellent job integrating Credit Suisse and we have been impressed by their commitment to further improve UBS, Cevian Capital Managing Partner and cofounder Lars Forberg said. Strengthened by the acquisition, UBS is the largest global wealth manager with unique market positions and financial strength. The investment by Cevian comes six months after UBS formally completed its acquisition of Credit Suisse... + full article



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