Mergers & Acquisitions Mergers & Acquisitions

UBS seeks India merger clearance, citing Credit Suisse's financial difficulties

By Freny Patel
  • 27 Apr 2023 04:03
  • 27 Apr 2023 04:03
Swiss investment bank UBS has sought merger clearance in India for its rescue of the 167-year-old Credit Suisse, with the lender’s application hinting at a failing-firm defense for the deal.
In a merger application filed with the Competition Commission of India, or CCI, earlier this week, the financial institutions stated

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Freny Patel


Freny has been covering antitrust law, M&A and regulations for over a decade, serving as Asia editor at Policy and Regulatory Report. Prior to joining as an editor at Mergermarket, she headed the banking bureau of a leading Indian financial daily, Business Standard. When India privatized the insurance sector, she had her own column in The Observer.

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