10:25 AM EDT, 06/13/2024 (MT Newswires) -- UBS AG (UBS) has entered final talks with Beijing State-Owned Assets Management over the sale of Credit Suisse's China venture after talks with Citadel Securities stalled, Bloomberg reported Thursday, citing people familiar with the matter.

A final decision and agreement could be reached by the end of the month, the people reportedly told Bloomberg.

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