UBS Group AG expects to complete its acquisition of Credit Suisse Group AG as early as June 12, looking to create a new powerhouse in European banking and end weeks of uncertainty for the lenders’ over 100,000 employees.

The closing of the deal is subject to certain conditions, including some that UBS said it could waive, according to Bloomberg News. Upon completion, Credit Suisse shares will be delisted from the Swiss SIX Stock Exchange on June 13 and the New York Stock Exchange on June 12. Shareholders of Credit Suisse will receive one UBS share for every 22.8 outstanding shares held. All of Credit Suisse’s outstanding debt securities will become obligations of UBS.