Swiss stocks - Factors to watch on July 3
03/07/2018 05:55
ZURICH, July 3 (Reuters) - Here are some of the main factors
that may affect Swiss stocks on Tuesday
GATEGROUP/HNA
Gategroup said Singapore state investor Temasek and RRJ
Capital have joined its owner HNA Group HNAIRC.UL as investors
in the Swiss-based airline caterer. urn:newsml:reuters.com:*:nL8N1TY4VT
For more news, click on HNAIRC.UL
ROCHE ROG.S
The drug maker said it has commenced a cash offer for all
the outstanding shares in Foundation Medicine at a price of US$
137.00 per share.
For more news, click on ROG.S
COMPANY STATEMENTS CPR-CH
* Novartis's rating NOVN.S has been downgraded by Moody's
to A1 with a stable outlook. NOVN.S
* Vontobel VONN.S said it has completed the acquisition of
Notenstein La Roche Privatbank, a deal which was announced in
May. VONN.S
* Emmi EMMN.S said it has increased its stake in Dutch
goat and sheep's milk product trader AVH to 90 percent from 75
percent previously. EMMN.S
* Burkhalter Group BRKN.S aid it will buy electrical
engineering company Fliri & Conrad Electro, based in the Swiss
canton of Grisons. BRKN.S
* Novartis's NOVN.S Sandoz business will pay Adamis
Pharmaceuticals ADMP.O 50 percent of the net profit from net
sales of Symjepi, following a deal between the two companies,
Adamis said. NOVN.S
ECONOMY M-CH
(Reporting by Zurich newsroom)
((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))
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