ZURICH, Dec 26 (Reuters) - The following are some of the
main factors expected to affect Swiss stocks on Monday.
ACTELION ATLN.S
The SIX Swiss Exchange said U.S. hedge fund founder Dan Och,
of Och-Ziff Capital Management Group OZM.N , through a variety
of investment vehicles holds more than 3.1 percent of shares in
Swiss biotech Actelion that is being courted by possible buyers
including Johnson & Johnson JNJ.N .
For more click ATLN.S
LEONTEQ LEON.S
Newspaper Schweiz am Sonntag reported Leonteq founder and
CEO Jan Schoch's online bank for millionaires, Flynt, might have
flopped before it ever got started, with its two main proponents
having jumped ship, the launch date postponed and licensing
challe nges with FINMA. Schoch remains Leonteq's second-biggest
shareholder, according to Reuters data.
For more click LEON.S
GALENICA GALN.S
SonntagsZeitung reported it is possible that its name change
to Vifor Pharma and the float of its pharmacy business Galenica
Sante on the stock exchange will take place in the first half of
2017, citing an interview with Chairman Etienne Jornod. With the
proceeds from the share sale, Vifor will be able to refinance
the 1.6 billion Swiss franc acquisition of U.S.-based Relypsa
without having to resort to a capital increase, the paper
reported.
For more click GALN.S
COMPANY STATEMENTS CPR-CH
* Newron Pharmaceuticals NWRN.S said Dennis Dionne,
Executive Director for Commercial Operations since 2015, has
been appointed to the Company's Senior Management Team as Vice
President Commercial Affairs, effective January 1, 2017. He will
replace Anders Haegerstrand, who is leaving the company.
NWRN.S
ECONOMY M-CH
(Reporting by Zurich newsroom)
((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))
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