A roof over your head

Article Abstract:

The Swiss government's plan to boost the economy through liberalization will make it easier for foreign buyers to purchase properties in Switzerland. Important restrictions in buying properties, such as authorization requirements, are due to be lifted. However, there are still limitations on what kind of properties foreigners can buy such as the prohibition of buying properties for investment and speculative purposes. Foreigners are advised to ask the help of agents and private sellers when purchasing properties as well as to consider the local income-tax situation.

Residential Buildings, Residential Building Construction, Residential construction, Housing, Property acquisition

---

At the sign of the seagull

Article Abstract:

Movenpick Hotel and its chain of restaurants have grown despite negative predictions that its revolutionary concept would never succeed. The first restaurant was founded in Zurich, Switzerland, in 1949, by Ueli Prager, the hotelier's son with the aim of offering seafood specialties. By 1997, the Restaurants International and Marche Restaurants divisions had 114 operations across eight countries. The hotels and resorts chain account mostly for the total 1997 sales of Sfr. 1,188 million.

Strategy & planning, Food Services and Drinking Places, Hotels & Motels, Hotels (except Casino Hotels) and Motels, Eating Places, History, Restaurant industry, Hotels and motels, Restaurants, Movenpick Radisson Hotel, Geneva, Switzerland

---

And then there were two

Article Abstract:

Union Bank of Switzerland will merge with Swiss Bank Corp in 1999 to form the United Bank of Switzerland (UBS). The merger is likely to push through since the needed approval from the banks' shareholders and the regulatory agencies of the country and the EU has already been assured. It will also make UBS the biggest single portfolio manager in the world. The combined assets of the merging banks is about $920,000 million as of the 3rd qtr 1997.

United States, Commercial Banks, Commercial Banking, Acquisitions & mergers, Banking industry, Mergers, acquisitions and divestments, UBS AG, Swiss Bank Corp. (Switzerland), Union Bank of Switzerland

Similar abstracts:

• Abstracts: Women who look years younger. 'I found the secret to ageless beauty.'. Bring out your hidden beauty
• Abstracts: Clouds over Hong Kong. Fixing the holes
• Abstracts: The power of four. Looking stronger
• Abstracts: A tale of two buyouts. Independent corporate finance advice for Kent and the south-east
• Abstracts: A roof with a view. Industrial giant. Beauty is more than skin deep

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.