The deal will reduce costs and complexity for UBS while free...
The deal will reduce costs and complexity for UBS while freeing up capital from noncore operations, according to UBS Chief Executive Sergio Ermotti. Apollo stated the transaction is economically neutral for the group and strategically positive for Atlas.
UBS, Apollo Complete Carveout of Former Credit Suisse Business -- Update
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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