Brought to you by Investec Switzerland. The main players in Europe’s most hostile bid situation are digging in. Saint-Gobain said last week that its bitterly contested plan to take control of building materials rival Sika was still a strategic priority — even though the Swiss target’s board and minority shareholders are prepared for a multi-year […]
Sika’s fight against Saint-Gobain drags on as board renewed
Brought to you by Investec Switzerland. Sika AG minority shareholders won an important round in their 16-month battle to ward off a sale to a French competitor after re-electing half a dozen directors to the board who support their cause. At Sika’s annual meeting in Baar, Switzerland on Tuesday, Chairman Paul Haelg restricted voting rights […]
Markets mixed, strong franc concerns, Nestlé, Sika and Credit Suisse
18 September 2015 – Weekly Swiss and global market roundup. Brought to you by Investec Switzerland. Swiss financial markets news Markets trend higher this week but look to give up gains on Friday after central banks again postpone rate changes… Read more. Swiss economic news The Swiss National Bank is still concerned about franc’s value […]
