Sika AG (SIK.S)
Fri, Feb 23 2018
ZURICH Sika's high share price provides scope for the Swiss construction chemicals group to offer its controlling family shareholders a better buyout offer than one the clan has agreed with France's Saint-Gobain , Sika's CEO said.
ZURICH, Feb 23 Sika reported better-than-expected 2017 net profit on Friday as France's Saint-Gobain said it remained confident it would win its protracted takeover battle for the Swiss construction chemicals maker.
ZURICH Sika's rising share price could bring an end to a long-running takeover fight with French construction group Saint-Gobain , Sika CEO Paul Schuler told Finanz und Wirtschaft in an interview.
ZURICH, Jan 9 Sika beat both its annual sales target and market expectations in 2017, the Swiss construction chemicals maker said on Tuesday, forecasting even faster growth in 2018.
ZURICH, Dec 1 The largest shareholder in Swiss specialty chemical maker Sika raised the possibility on Friday that a takeover agreement with France's Saint-Gobain could be extended as a legal dispute over the 2014 deal drags on.