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Sunrise IPO to raise CHF 1.35 billion
2015-01-27 09:00:00| Telecompaper Headlines
(Telecompaper) Swiss operator Sunrise has launched its initial public offering (IPO) on the SIX Swiss Exchange with a share price range set at CHF 58-78. The price range implies a market capitalisation of CHF 2.8-3.3 billion and primary proceeds of around CHF 1.35 billion. The operator will be offering 17.3-23.3 million shares issued by itself and 4.3 million from the selling shareholder. There will also be a greenshoe of up 4.1 million shares. Most of the IPO proceeds will go to strengthen the company's balance sheet and for future growth opportunities. The first day of trading is expected to take place on or before 6 February.
Free owner Niel to buy Orange Switzerland for CHF 2.8 bln
2014-12-18 13:01:00| Telecompaper Headlines
(Telecompaper) The private equity funds Apax Partners announced an agreement to sell Orange Switzerland to NJJ Capital for CHF 2.8 billion (EUR 2.3 billion). NJJ Capital is the holding company of Xavier Niel, the founder and controlling shareholder of French operator Free. The transaction is subject to customary regulatory approval and is expected to be completed by the end of Q1 2015. Apax said it expects to generate a strong return on the investment, acquired in 2012 from French group Orange. Over the last three years, it has successfully modernised the mobile operator's IT systems, launched 4G commercial services, now reaching over 90 per cent of the Swiss population, and expanded the retail network with eight store openings this year, including a flagship store in Zurich.
CHF Exhibit Features 15th Century Alchemical Manuscripts And Art
2014-12-12 02:26:00| Chemical Processing
Books of Secrets: Writing and Reading Alchemy, a new exhibit of alchemical art and documents, opened December 5 in the Museum at the Chemical Heritage Foundation (CHF).
Tags: art
features
century
exhibit
CHF ChemCrafter Game Achieves Global Success
2014-09-19 04:42:00| Chemical Processing
The Chemical Heritage Foundation has achieved global success with its first digital game, ChemCrafter, which gives kids the experience of a 20th century chemistry set.
CHF Helps Wannabe Astronauts Get Suited For Space
2014-05-29 18:05:00| Chemical Processing
just read about Chemical Heritage Foundation's (CHF) display Suited for Space, a traveling exhibition developed by the Smithsonian Institution Traveling Exhibition Service and supported by DuPont.