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New Deal


Announced

Credit Suisse to acquire a 49% stake of Credit Suisse Securities China from Founder Securities for $160m.

Financials

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Transaction Value£139m
Consideration TypeCash
Capital Owned51%
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Friendly

China

Minority

Single Bidder

Cross Border

Investment Banking

Pending

securities joint venture

Acquisition

Private

Synopsis

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Credit Suisse, a global investment bank and financial services firm founded and based in Switzerland, agreed to acquire a 49% stake of Credit Suisse Securities China, a securities joint venture established by Credit Suisse and Founder Securities, from Founder Securities, a Chinese company that engages in the consulting, distribution, brokerage, and management of securities business, for $160m. “Credit Suisse sees China as more than a growth market with immense potential, but also a place that offers opportunities for collaboration and mutual benefits,” Carsten Stoehr, Credit Suisse Greater China CEO.

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