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The strategy has made billionaires of Cevian’s founders Lars Foerberg, who lives in Switzerland, and Christer Gardell. Their firm also took a stake in UBS Group AG after the government-brokered ...
Cevian Capital, a Swedish activist investor, became Baloise’s top shareholder last September by increasing its stake from 3.1% and had been pushing for changes within the group.
Baloise's largest investor has sold its stake to Helvetia's top shareholder, days after the Swiss insurers announced a merger to create a group with a combined market value of around 18 billion Swiss ...
The company applies the same meticulous approach in Dubai as it does in Switzerland – both in planning, design, and execution, CEO says in Arabian Business interview ...
Helvetia Holding AG’s biggest shareholder has bought Cevian’s 9.4% stake in Baloise Holding AG, paving the way for the merger ...
Baloise on Friday said that Patria Genossenschaft had acquired a 9.45% stake in the Swiss insurer, which this week announced plans to merge with competitor Helvetia.
If you still hope to witness Basel Eurovision live, in front of its main stage, your best lifeline is fanSALE, the event’s ...
S&P Global Ratings has affirmed its 'A+' long-term insurer financial strength and issuer credit ratings on the core operating ...
The companies announced a potential cost-cutting synergy of CHF350 million, which Berenberg insurance analyst Michael Huttner ...
If markets lose confidence in U.S. credibility, a financial crisis could result. Europe and Switzerland should seize this opportunity now. Several key members of the U.S. president's team see the ...
AM Best has placed under review with developing implications the Financial Strength Rating of A (Excellent) and the Long-Term ...
Swiss composite insurance groups, Helvetia and Baloise have announced their intention to join forces in a merger of equals, ...