Citadel Securities has emerged as the sole global bidder for Credit Suisse's securities venture in China, making a non-binding offer in the range of 1.5B yuan (US$209M) to 2B yuan. UBS, on the other hand, is facing subdued interest from potential bidders for Credit Suisse's investment banking venture in China. The offer from Citadel Securities is reported to be around $210 million to $280 million, but a deal closure is not expected in the near term.
Citadel Securities LLC has made a non-binding offer to pay $210 million to $280 million for Credit Suisse’s Chinese securities venture. But a deal won’t be closed very soon https://t.co/nusZAwvfxw
Citadel Securities Is Only Global Bidder for Credit Suisse China https://t.co/n89p9CpHrn
*CITADEL IS ONLY GLOBAL BIDDER FOR CREDIT SUISSE’S CHINA UNIT* | @markets | Surprise.... $UBS
UBS is finding subdued interest from potential bidders for Credit Suisse’s investment banking venture in China https://t.co/xggnjWivqU via @business #Switzerland
Citadel is said to be the only global bidder for Credit Suisse’s China securities venture https://t.co/J3KgwvCT5G
UBS is finding subdued interest from potential bidders for Credit Suisse’s investment banking venture in China https://t.co/AmpKPJ2klm
Citadel has made a non-binding offer for Credit Suisse’s securities venture in China, becoming the only global financial firm to submit a bid, sources say https://t.co/g6iNFcrQ6E via @markets #Switzerland
Citadel Securities bids for Credit Suisse’s China business https://t.co/UoLgrWcXGy
🇺🇸 Citadel Securities made a non-binding offer in the range of 1.5B yuan (US$209M) to 2B yuan for Credit Suisse’s securities venture in China late last month, becoming the only global financial firm to submit a bid. https://t.co/YmddQN2Bzc https://t.co/K5SjtPvy9o
Citadel has made a non-binding offer for Credit Suisse’s securities venture in China, becoming the only global financial firm to submit a bid, sources say https://t.co/K3DDytm516