Fangda Carbon New Material Co., an integrated carbon materials producer in in the People’s Republic of China with diversified product offerings, including graphite electrodes, carbon blocks, isostatic graphite and iron ore concentrates, sold 22m global depositary receipts (GDRs) at an offer price of USD 8.63 per GDR and listed on 15 March 2023 a total […]
Tags : Peter Kühn
As we have informed last 15 November 2022 here, Hangzhou GreatStar Industrial, whose A Shares are listed on the Shenzhen Stock Exchange, became the eighth Chinese company that has listed global depositary receipts (GDRs) on the SIX Swiss Exchange. Hangzhou GreatStar Industrial issued and listed 11,812,700 GDRs at an offer price of USD 13.08 per […]
As we have informed last 28th July, Keda Industrial Group and Ningbo Shanshan were among the first companies which successfully listed global depositary receipts (GDRs) on SIX Swiss Exchange. Keda Industrial Group, whose A shares are listed on the Shanghai Stock Exchange, raised gross proceeds in the amount of approx. USD 173 mio. from the offering of GDRs and Ningbo Shanshan, […]
There is a merger in cruise brokerage. The two Swiss tourism companies e-hoi and Cruise Center also want to strengthen their bargaining power with the cruise lines. Business, down during the pandemic, is picking up again. Cruise Center, a Swiss company that has been selling cruises for over twenty years, has been acquired by the […]
HomeToGo announced the acquisition of Frankfurt-based internet company e-domizil from e-vacation Group Holding for €40 million. The purchase price includes a payment of around €2 million in class A shares owned by HomeToGo, which is subject to customary purchase price adjustment mechanisms. The purchase will significantly contribute to HomeToGo’s developing onsite business in addition to its […]
VISCHER has advised ADVANZ PHARMA, a specialty pharmaceutical company headquartered in London, on all Swiss legal aspects of its USD 450m acquisition of the ex-US business of Intercept Pharmaceuticals, spanning from due diligence to transactional document advice. The acquisition is expected to be completed during the third quarter 2022, subject to customary legal and regulatory […]
Mainova, an energy supplier based in Frankfurt am Main, has acquired a majority stake in the Bavarian energy service provider mobiheat, including its subsidiaries in Austria and Switzerland, from Energieversorgung Offenbach (EVO) and the mobiheat founders. With the transaction, Mainova is further expanding its own energy services business and thus utilizing the great market potential in the attractive business field of mobile heating and cooling centers. As […]
Relief Therapeutics, a biopharmaceutical company, has launched a Level 1 American Depositary Receipt (“ADR”) program in the United States. From 18 November 2021, ADRs can be traded over-the-counter. Relief’s ADR program complements the existing main listing of the shares on the SIX Swiss Exchange. J.P. Morgan has been appointed as the depositary bank for the […]
Biopharmaceutical company Relief Theraputics Holding, has a binding agreement with two institutional U.S. investors completed. The contract provides for the purchase of Relief shares with a total value of CHF 15 million, which come from Relief’s own shares, which were issued from the authorized share capital, excluding the subscription rights of existing shareholders. The transaction […]
Relief Therapeutics Holding, a biopharmaceutical company seeking to provide patients therapeutic relief from serious diseases with high unmet need, has issued 1,000,000,000 additional registered shares out of the authorised share capital approved by the Annual General Meeting on 18 June 2021. The new shares were fully subscribed at par value by the Relief’s wholly […]
