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Stock impact report

UBS (UBS) Boosts Tender Offer, Analysts Flag Regulatory Risks [Yahoo! Finance]

UBS Group AG Registered Ordinary Shares (UBS) 
Company Research Source: Yahoo! Finance
UBS Group AG (NYSE:UBS) to Underperform from Market Perform and lowered its price target to CHF 31 from CHF 32. The downgrade reflected concerns over mounting regulatory pressures in Switzerland and ongoing litigation risks, which the firm believes could weigh on the stock. UBS (UBS) Boosts Tender Offer, Analysts Flag Regulatory Risks Photo by Sebastian Herrmann on Unsplash A day earlier, on November 6, UBS Group AG, alongside its subsidiary, UBS AG, raised the maximum purchase consideration for its ongoing cash tender offers for certain outstanding debt securities to $8.6 billion from a previously announced $4.0 billion. The move follows strong investor participation in the offers.? The tender offers covered seven separate series of notes, including US dollar and euro-denominated senior notes issued by UBS Group AG (NYSE:UBS) and UBS AG. This also includes the securities that were initially issued by Credit Suisse before its acquisition by UBS.? The banking group detailed tha Show less Read more
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