Mergers, Acquisitions and Divestitures – Page 106

UBS Reports $29 Billion Profit, a Record

The huge gain stems from the bank’s acquisition of its rival Credit Suisse this spring for about $3.2 billion, a steep discount that is skewing its quarterly results.

By Michael J. de la Merced

Bankruptcies Electric Bicycles, Motorcycles and Scooters McLaren Applied Mergers, Acquisitions and Divestitures VanMoof BV

VanMoof, Trendy E-Bike Brand, Bought Out of Bankruptcy by Scooter Maker

Lavoie, which makes high-end scooters based on McLaren’s Formula 1 technology, acquired the trendy e-bike brand that had gained a zealous following.

By Claire Moses

Banking and Financial Institutions Credit Suisse Group AG internal-storyline-no Mergers, Acquisitions and Divestitures UBS AG

UBS Earns $29 Billion From Badwill Tied to Credit Suisse Deal

The Swiss bank’s sharply discounted takeover of Credit Suisse led to a paper gain that gave it the biggest quarterly profit by a bank in history.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

Fashion and Apparel Forever 21 Mergers, Acquisitions and Divestitures Shein (Fashion Label) Shopping and Retail

Shein and Forever 21 Team Up in Fast-Fashion Deal

Shein, the e-commerce giant known for ultralow prices, frequently refreshed stock and questions about working conditions in its supply chain, could sell within Forever 21 stores.

By Jordyn Holman