Friday, February 21, 2025 | 11:11 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

BlackRock denied working on possible rival bid for Credit Suisse

BlackRock has denied that it's working on a possible rival bid for Credit Suisse Group AG

BlackRock
Premium

Photo: Bloomberg

Bloomberg
By Dinesh Nair

BlackRock denied that it’s working on a possible rival bid for Credit Suisse Group AG, after the Financial Times reported it’s interested in a deal. 
 
“BlackRock is not participating in any plans to acquire all or any part of Credit Suisse, and has no interest in doing so,” according to a spokesman for the US investment giant. 

The Financial Times reported the US firm is considering various options and working with other investors on a potential deal. That came after the Swiss firm entered talks on a possible combination with UBS Group AG. The newspaper cited people

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in