Credit Suisse To Buy Out Neue Aargauer Bank Minority Holders
September 22 2010 - 1:37AM
Dow Jones News
Credit Suisse Group (CS) said Wednesday it plans to buy out
minority shareholders of Neue Aargauer Bank for a total of 37.5
million Swiss francs ($37.6 million).
MAIN FACTS:
- Credit Suisse currently holds around 98.6% of the share
capital of Neue Aargauer Bank AG, or NAB.
- The offer price is CHF1,000 per share.
- A committee of the NAB Board of Directors has reviewed the
offer; the committee and the entire NAB Board of Directors
unanimously recommend its acceptance.
- The offer runs from Sept. 27, 2010, to Oct. 22, 2010.
Company Web Site: http://www.credit-suisse.com
-Zurich Bureau, Dow Jones Newswires; +41 43 443 8040;
zurichdjnews@dowjones.com
Credit Suisse (NYSE:CS)
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