The Swiss pharmaceutical group Roche has announced it will divest its vitamins and fine chemicals division to Dutch DSM for approximately 2.25 billion euros. The division in the transaction currently employs approximately 7,500 people around the world, with a turnover of around 2.4 billion euros.
Tags: euro, Swiss
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Zurich: Serono rising thanks [...]
The title of the Swiss ABB demonstrates excellent shape Zurich Stock Exchange and scored an increase of 3.17% to 6.19 Swiss francs. To support exchanges to gain after the heavy losses suffered in the last eighth, are the rumors of press reports that the company could be subject to a takeover bid immimente.
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Fly in positive terrain Title Serono, the Swiss pharmaceutical group, which had debuted today on the list with major loss. Currently the stock is trading at 971 Swiss francs, up 1, 78% compared to yesterday. Serono today submitted its tender offer for Genset, the French pharmaceutical group specializing in genomics, and has implemented a buy [...]
It is not yet completed the terrible adventure of the now bankrupt airline Swissair, now converted into Swiss Crossair through. In fact, the creditors still want to be compensated for a figure of 38 billion Swiss francs, but the liquidator has indicated that the company intends to recognize failure damages for only 12 billion francs.
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Seat positive for the Swiss pharmaceutical Serono that the Zurich Stock Exchange marked a rise of 1, 87%. The title is supported by the publication of a good quarter, exceeding the expectations of analysts at Merrill Lynch. In particular, operating profit grew by 25.6% in the second quarter reaching 106.9 million euros.
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start on the Zurich Stock Exchange for the title Swissair, the Swiss national airline. The title marks a rebound of 13.87% to € 117 Swiss francs after the Swiss company announced that it has reached agreement with the Belgian government regarding the increase of capital of the Belgian Sabena, Swissair and company owned by the [...]
Nestle, the Swiss group global leader in supply, said it had registered profits in ‘99 to 4.7 billion Swiss francs with an increase of 12% over last year. Analysts expect, however, profit by 4.5 billion. Swiss title is recording an increase of 3.5% by dragging together with Adecco (+3.4%), the SMI (+0.95%).
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Canal Plus, Europe’s leading pay-TV, has signed an agreement with Mosaic Networks, a subsidiary of Swiss group Akola, for the distribution of digital platforms throughout North Africa and the Middle East. This agreement, through an investment in the first year of 7 million francs, will allow Canal Plus to expand in a highly strategic. The [...]
The Swiss telecommunications group Swisscom has realized net earnings above expectations of analysts. The year 1999 has performed netii to 1.48 billion euros, up by 54% compared to 1998. Turnover grew by 6.9% to 6.93 billion euros tranche. The Board of Directors will propose to shareholders a dividend of 15 Swiss francs, up 36.4% over [...]
CTO (www.cto.it), co-publisher and distributor of interactive entertainment software that is part of the family Madrigali, aims to land on the stock market by next summer. Draft admission was in fact approved by the shareholders. At the same meeting has also approved a capital increase paid to the exclusion of option rights which should cover [...]