BSAM to acquire a 36% stake in Credit Suisse Securities (China) from UBS for $91.4m.

Synopsis

BSAM, a Chinese sovereign wealth fund, agreed to acquire a 36% stake in Credit Suisse Securities (China), a securities joint venture established by Credit Suisse and Founder Securities, from UBS, a multinational investment bank, for $91.4m.

Principals

target

Credit Suisse Securities (china)

bidder

Beijing State-owned Assets Management (bsam)

Show Details & Financials

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Market Context

ubs

HQ - Zurich

financial advisors

vendor

1163

Deals

£ 1,784.48 B

Total Value