Swiss stocks - Factors to watch on May 25

Centiel AG

25/05/2018 05:51

ZURICH, May 25 (Reuters) - Here are some of the main factors
that may affect Swiss stocks on Friday.
    
    LAFARGEHOLCIM  LHN.S  
    The cement maker is poised to launch a major shake-up of its
head offices in Paris and Zurich which could trigger hundreds of
job cuts, two sources familiar with the matter told Reuters on
Thursday.  urn:newsml:reuters.com:*:nL5N1SV6EX
    For more news, click on  LHN.S 
      
    COMPANY STATEMENTS  CPR-CH 
    * Bell Food Group  BELL.S  announced the final terms of the
planned capital increase where it expects to raise around 612.6
million Swiss francs  ($617.42 million).  BELL.S 
    * Zurich Insurance Group  ZURN.S  said it has successfully
placed 350 million Australian dollars  ($264.74 million) of
senior debt with a coupon of 3.477 percent.  ZURN.S 
    * Hochdorf  HOCN.S  said it has signed an agreement to
acquire Bimbosan, a Swiss infant nutrition company.  HOCN.S 
    * Orascom Holding  ODHN.S  said it has signed contract to
sell its stake in Tamweel Group at a total equity valuation of
around 20 million Swiss francs.  ODHN.S 

    ECONOMY  M-CH 
    


($1 = 0.9922 Swiss francs)

($1 = 1.3221 Australian dollars)

 (Reporting by Zurich newsroom)
 ((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))
 
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