OC Oerlikon Corporation AG Pfaeffikon (OERL.S)
21 Sep 2018
ZURICH Industrial group OC Oerlikon shelved a listing for its drives unit on Monday citing market volatility, adding to signs that the Swiss IPO market, which got off to a strong start this year, is cooling.
* OC Oerlikon blames market volatility (Adds context, analyst comment)
ZURICH, June 28 Swiss industrial group OC Oerlikon on Wednesday set a price range of 48 to 62 Swiss francs per share for its gearbox unit in a public offering (IPO) that would create a company worth up to 620 million francs ($621.7 million).
* Drive systems unit profitability lags that of surface solutions (Adds quote from CEO, analyst, details about trade row, oligarch)
* Vekselberg influence wanes at Sulzer, left with three allies
ZURICH, May 22 The Swiss blue-chip SMI was seen opening 0.3 percent higher at 8,967 points on Tuesday, according to premarket indications by bank Julius Baer .
ZURICH/FRANKFURT Swiss technology group OC Oerlikon is preparing to list its drive systems business by the middle of the year, aiming to raise cash for other parts of its business, people close to the matter told Reuters.
ZURICH/FRANKFURT, May 4 Swiss technology group OC Oerlikon is preparing to list its drive systems business by the middle of the year, aiming to raise cash for other parts of its business, people close to the matter told Reuters.
ZURICH, May 2 Swiss technology group OC Oerlikon said some financial institutions still required explanations over the United States sanctions slapped on its largest shareholder, Russian oligarch Viktor Vekselberg.
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