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UBS to sell the Credit Suisse Insurance Linked Strategies Ltd business to its management team

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UBS Group AG has today signed a definitive agreement to sell its 100% holding in Credit Suisse Insurance Linked Strategies Ltd (“CSILS”) to the CSILS management team led by Niklaus Hilti. The transaction is expected to close in the second half of the year, subject to regulatory approvals. Upon closing,…

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