Thursday, September 29

UBS scraps $1.4 billion deal to buy Wealthfront


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Swiss bank UBS and automated

wealth management provider Wealthfront said on Friday they have

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mutually agreed to terminate their $1.4 billion deal, as part of

which Wealthfront was to be acquired by UBS Americas Inc.

(Reporting by Manya Saini in Bengaluru)



financialpost.com

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