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Top related persons:
Lafarge - 1 Holcim - 1 Jan Jenisch - 1 Miljan Gutovic - 1 Jenisch - 1
Top related locs:
Swiss China Switzerland U.S Syria American Australian Zurich
Top related orgs:
SIX - 2 Six Swiss - 1 Nestle - 1 Roche - 1 UBS - 1 GENEVA - 1 Holcim Ltd - 1 American - 1

Search resuls for: "Swiss SIX"


3 mentions found


☆ Swiss SIX exchange says trading halted due to technical issues
  + stars: | 2024-07-31 | by ( ) www.cnbc.com   time to read: 1 min
Four Chinese companies raised about $1.5 billion in July by issuing shares on the Six Swiss Exchange via a new China stock connect program. Switzerland's stock exchange SIX said trading had been halted on Wednesday morning across all products until further notice due to technical problems. The Swiss stock exchange is home to companies including Nestle , Roche and UBS . "Market data and index data is not being disseminated at the moment and we are investigating the cause and trying to solve," a spokesperson at SIX told Reuters. "Trading was not affected, but we had to halt trading in Switzerland due to equal treatment of market participants."
Organizations: Six Swiss, Nestle, Roche, UBS, SIX, Reuters Locations: China, Swiss, Switzerland
☆ Shares of Building Materials Maker Holcim Jump as It Plans to List Unit in the US
  + stars: | 2024-01-29 | by ( Associated Press | Jan. | At A.M. | ) www.usnews.com   time to read: +1 min
GENEVA (AP) — Shares of Holcim Ltd. jumped Monday after the Swiss-based cement and building materials company announced plans to spin off its North American unit and list its shares in the U.S.Sunday's announcement of the listing and spinoff comes 15 months after Holcim’s French subsidiary Lafarge pleaded guilty to paying millions of dollars to the Islamic State group to keep a plant open in Syria and agreed to pay about $778 million in penalties in a settlement with U.S. authorities. At the time, the Islamic State group controlled a vast swath of Syrian territory and was engaged in torturing kidnapped Westerners. The listing, which is expected to be completed in the first half of next year, would create a North American unit that is targeting more than $20 billion in net sales by 2030, the company said. Holcim will retain its listing on the Swiss SIX stock exchange. Chairman and CEO Jan Jenisch will lead the North American operations and hand over duties of CEO of Holcim to executive committee member Miljan Gutovic, an Australian national, on May 1.
Persons: Lafarge, Holcim, Jan Jenisch, Miljan Gutovic, Jenisch Organizations: GENEVA, Holcim Ltd, American, Islamic, Islamic State, Swiss SIX, North, SIX Locations: Swiss, U.S, Syria, American, Australian, Zurich, Holcim
☆ Swiss Six exchange opens probe into Clariant whistleblower case
  + stars: | 2023-01-12 | by ( ) www.reuters.com   time to read: +1 min
BERLIN, Jan 12 (Reuters) - Switzerland's Six stock exchange on Thursday opened an investigation into Clariant (CLN.S) over the possible disclosure of price-sensitive information, following whistleblowers' allegations that some staff had manipulated accounts. A spokesperson for the specialty chemical company said the investigation related to a delay in publishing its 2021 results, due to an investigation into the accounting of some provisions and accruals. In February, Clariant delayed the release of 2021 results as independent advisors looked into the allegations that some staff manipulated accounts in 2020 and 2021 to help meet financial targets. In April that investigation concluded that there had been no impact on sales and cash numbers previously reported, it said. Reporting by Miranda Murray and John Stonestreet; Editing by Noele Illien and Rachel MoreOur Standards: The Thomson Reuters Trust Principles.
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