Switzerland
Finance
French cosmetics group L'Oreal has posted a 10.2% year-on-year rise in sales for the first half of 2010, including a 6.6% increase in like-for-like sales. The strong growth come at...
2010-07-28Industry
US-based food giant Kraft has announced the sale of its North American frozen pizza business to Nestlé for US$3.7bn. Kraft has immediately set the money to use by increasing the...
2010-01-06Companies
It has been confirmed that food-giant Nestlé is to sell a 52% stake in eye-care group Alcon to Switzerland's Novartis for US$28.1bn. The move is the second-stage of a two part deal...
2010-01-06Finance
April 20 saw beleaguered Swiss banking giant UBS agree to sell its Brazilian Banco Pactual unit to BTG Investments for around CHF2.8bn (US$2.5bn), as part of its ongoing bid to reduce...
2009-04-21Finance
Lithuania's state-owned airline, flyLAL, has a second chance to become a regional carrier. The troubled airline has entered into an agreement to be 100% bought by SCH Swiss Capital...
2009-01-13Finance
Slovenia's largest international financial group, Nova Ljubljanska Banka (NLB), announced the sale of 898,204 shares on April 17. The sale will be conducted in three tranches and...
2008-04-25
