(IN BRIEF) Amrize Ltd began trading today on the SIX Swiss Exchange at CHF 46.00 per share, valuing the company at roughly CHF 26 billion, following its 100% spin-off from Holcim via a dividend-in-kind distribution. Shares trade under “AMRZ” in … Read the full press release
Posted in Banks, Business, Construction, Financial, Industrial, Investment, Management, News, Switzerland
Tagged Amrize Ltd, AMRZ, commercial construction, Holcim spin-off, Jan Jenisch, North America building solutions, NYSE, professional builders, residential construction, SIX Swiss Exchange, SLI®, SMI, Tomas Kindler
(IN BRIEF) Novartis has confirmed its plans for a full Spin-off of its Sandoz business, with trading of new Sandoz Group AG shares and ADRs scheduled to begin on October 4, 2023. This comes after receiving shareholder approval and key … Read the full press release
Posted in Business, Financial, Investment, Pharma & Biotech, Switzerland
Tagged ADRs, American Depositary Receipts, Novartis, Novartis ADR, OTCQX®, Sandoz, Sandoz Group AG, SDZ, shareholder, shares, SIX Exchange Regulation, SIX Swiss Exchange, SLI®, spin-off, SPI®, Swiss indices, Swiss Leader Index, Swiss Performance Index
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