Shares in Swiss biotech company Actelion rose on Thursday after broker Citi said in a research note British pharma group AstraZeneca might be interested in buying it.
Switzerland
Trafigura divests stakes in African unit Puma for USD500 million
Switzerland-based Trafigura Beheer BV had put up for sale its stake in Puma Energy for USD500 million. Trafigura sold a part of its interest in the African unit to Angola's Sonangol Corporation and Cochan Ltd.
EU regulator investigates container-shipping firms for possible price fixing
The European Commission is looking at the way container-shipping companies announce their price increases, saying it may be possible that they are colluding with each other to rig prices.
Top deals of the day - bids, mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported on Friday, including Microsoft, Comcast, Green Dot, Goldman Sachs and others.
Founder Securities to exit from Credit Suisse joint venture - filing
The fate of the joint venture firm of Founder Securities and Credit Suisse have yet to be known after the former reveals its plans to sell its stake in the joint venture and merge with China Minzu Securities.
Latest News
The following bids, mergers, acquisitions and disposals were reported on Wednesday including Telefonica Deutschland, Devon Energy, Metro AG, Devon Energy Corp and others
Julius Baer Group said it will be acquiring WMPartners Wealth Management. The latter will then be merged with Julius Baer's Infidar Investment Advisory Ltd unit to form one of the largest independent asset management company in Switzerland.
German investment firm DEG bought a stake in Kenyan Chase Bank worth USD10 million. Chase said DEG's investment will be used to finance their expansion, including the creation of new outlets.
Etihad Airways, the national carrier of the United Arab Emirates, said it has bought a 33.3% stake in Swiss carrier Darwin Airline for an undisclosed amount.
Swiss private equity firm Partners Group AG raised USD800 million for its leveraged debt fund. The company expects the fund to yield more quickly as it anticipates a ramp-up in investments next year.
The following bids, mergers, acquisitions and disposals were reported on Tuesday. Top Russian oil firm Rosneft said it would sell about $6 billion worth of refined products to BP, establishing the British major among its biggest buyers after years without any such deal.
Merz Pharma group recently bought Geneva-based aesthetics medicine specialist Antes SA for an unconfirmed amount in a transaction that would extend its product reach to North America
London-based Armajaro Holdings Ltd sold its coffee, cocoa, and sugar trading arm to Swiss agricultural trader Ecom Agroindustrial Corp Ltd after reporting a loss of USD7.5 million.
Switzerland-based company Koelstra announced that Dutch company Little Company had agreed to the former's acquisition offer at an undisclosed amount.
