Tag archive for ‘Switzerland’
By businessnewstoday On Friday, July 10th, 2020

Nestlé Nespresso to expand Romont production center with $170m investment

(adsbygoogle = window.adsbygoogle || []).push({}); Nestlé Nespresso (Nespresso) will invest CHF160 million ($170.28 million) to expand its Romont production center in Switzerland to address the growing More...

By businessnewstoday On Friday, July 3rd, 2020

Barry Callebaut wraps up acquisition of GKC Foods (Australia)

Barry Callebaut acquisition of GKC Foods : Switzerland-based Barry Callebaut Group has wrapped up its previously announced acquisition of GKC Foods (Australia), a producer of chocolate, coatings and fillings, that More...

By Soujanya Ravi On Friday, November 22nd, 2019

SIX Group offers to buy Spanish stock exchange company BME for €2.84bn

SIX Group, a Swiss financial services company, has proposed to acquire 100% of Spanish stock exchange company Bolsas y Mercados Españoles (BME) for €34 per share, valuing the transaction at €2.84 billion. BME More...

By businessnewstoday On Tuesday, October 8th, 2019

Aryzta to sell 43% stake in French frozen food producer Picard

Swiss food company Aryzta has been given a binding offer from Tunisian investment group Invest Group Zouari (IGZ) to sell the majority of its stake in Picard, a French frozen food producer. Under the offer, Aryzta More...

By Raghuram Kadari On Thursday, August 29th, 2019

Temenos to acquire Kony to advance digital front office product Temenos Infinity

Temenos acquisition of Kony : Temenos, a Swiss banking software company, has agreed to acquire Kony, a US-based digital banking SaaS company, for an enterprise value of $559 million and an earn-out of $21 million. Kony More...

By Soujanya Ravi On Sunday, June 9th, 2019

Medical Properties Trust acquires stake in Switzertland’s Infracore

US-based real estate investment trust Medical Properties Trust (MPT) has acquired a 46% stake in Swiss healthcare real estate company Infracore from its previous majority shareholder – Aevis Victoria for $236.5 More...

By businessnewstoday On Sunday, December 23rd, 2018

Novartis wraps up $2.1bn acquisition of US biopharma company Endocyte

Pharma acquisition news : Swiss pharma giant Novartis has wrapped up its previously announced acquisition of US biopharma company Endocyte in a deal worth around $2.1 billion. Endocyte is engaged in the development More...

By businessnewstoday On Sunday, October 28th, 2018

ABB to build $150m advanced robotics factory in Shanghai

Swiss automation company ABB will invest $150 million to build an advanced robotics factory in Shanghai, China where robots will be used for manufacturing robots. The advanced robotics factory known as Kangqiao More...

By businessnewstoday On Sunday, October 21st, 2018

US biopharma company Endocyte to be acquired by Novartis for $2.1bn

Novartis acquisition of Endocyte : US biopharma company Endocyte has agreed to be acquired by Swiss pharma company Novartis in a deal worth around $2.1 billion. As per the latest pharma acquisition news, Novartis More...

By Soujanya Ravi On Saturday, September 15th, 2018

Transocean to acquire rival offshore drilling contractor Ocean Rig

Energy acquisition news : Transocean, a Swiss offshore drilling contractor, has agreed to acquire its peer Ocean Rig, a Greece-based operator of semi-submersible oil rigs and UDW drillships, for $2.7 billion in More...