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BlackRock’s Hildebrand Taking Part in UBS, Credit Suisse Talks

BlackRock Inc. Vice Chairman Philipp Hildebrand is taking part in discussions as Swiss officials race to put together a deal for UBS Group AG to take over Credit Suisse Group AG.

The exact nature of Hildebrand’s role wasn’t immediately clear, people familiar with the matter said, asking not to be identified discussing confidential information. A BlackRock spokesman declined to comment on behalf of Hildebrand.

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