SIS postpones IPO as its sees shares of peer plunge

Article Abstract:

SIS Group AG has delayed its initial public offering (IPO) after its peer company Oridion Systems saw its share value fall by nearly 50%. Medical tech companies, such as SIS, are seeing poor forecasts.

Surgical Appliance and Supplies Manufacturing, Surgical appliances and supplies, Surgical Appliances & Supplies, Medical equipment industry, Surgical equipment and supplies industry, SIS Group AG

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Swiss Life shares plunge 20% on write-off report

Article Abstract:

Swiss Life Holding AG lost 20% of its share value as a result of the company's write-off report. Swiss Life will write off a loan of 325 million Swiss francs (221.3 million euros).

Finance, Insurance industry, Life insurance industry, Company financing, Swiss Life

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Egypt's Orascom will relocate to Switzerland: tycoon Sawiris to list firm in Zurich to gain better access to funds

Article Abstract:

To improve his access to capital to finance his company's expansion, Egyptian businessman Samih Sawiris announces the relocation of his tourism company Orascom to Switzerland and its restructuring as a holding company. Article discusses Orascom's planned investments, financial standing, and future listing on the Swiss Stock Exchange.

Strategy & planning, Foreign operations, Egypt, HOTELS AND OTHER LODGING PLACES, Eating and Drinking Places, Planning, Company investment, Investments, Holding companies, Beliefs, opinions and attitudes, Hospitality industry, Company restructuring/company reorganization, Reorganization and restructuring, Company business planning, Company organization, Sawiris, Samih

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