“ChemChina, a state-owned enterprise, has filed for an IPO of Syngenta, the world’s largest producer of agricultural chemicals, which it bought for $43 billion in 2017 (a deal that Fortune chronicled in detail). It remains China’s biggest foreign acquisition. Now the IPO could be one of China’s biggest.”
Read the full article @ Fortune (paywall):
“The Chinese life sciences company Hengrui Medicine is establishing a Swiss subsidiary in Basel. The European hub for clinical research and development will help the company to advance its innovative drugs, including cancer treatments.”
Read the full article @ BaselArea:
“Wise Road Capital, a private equity firm, completed the acquisition of Huba Control, company focused on high-end core component manufacturing, from Siemens, a German multinational conglomerate company. Financial terms were not disclosed. Through its investments, Wise Road Capital is striving to build a healthy international eco-system, leveraging its international management team which combines strong industry experience and investment knowledge.”
Read the full details @ MergerLinks:
“Researchers from Cambridge, UK, and Germany have reconstructed the early “evolutionary paths” of COVID-19 in humans – as infection spread from Wuhan out to Europe and North America – using genetic network techniques.
By analysing the first 160 complete virus genomes to be sequenced from human patients, the scientists have mapped some of the original spread of the new coronavirus through its mutations, which creates different viral lineages.”
Read the full article @ University of Cambridge:
“After 17 years of unsuccessful searches, Grasshopper Fussball AG has found new donors. Hong Kong’s Champion Union HK Holdings Limited takes over the majority of the shares – and immediately changes the management. GC now has a survival perspective, but faces a future that is one thing above all: unknown.”
Read the full article @ NZZ:
“After a long search, the owners of the Grasshoppers football club found a buyer: the wife of Fosun owner Guo Guangchang took over the majority of the withering club from Zurich. She buys a club that is on the ground.
[…]
Hong Kong-based Jenny Wang’s Champion Union takes over 90 percent of the shares owned by Stüber and Anliker. Wang is the wife of Guo Guangchang, whose Fosun Group already owns the English association Wolverhampton Wanderers.”
Read the full article @ finews.ch:
“The Grasshoppers are about to be sold to the Chinese investment company Fosun – they can use it to secure their future. But is that really a good deal?”
Read the full article @ Tages-Anzeiger:
“On November 5th, the Federal Chamber of the Swiss Parliament passed a petition to the government to establish a concerted policy on China. The issue was passed in the National House in March this year – which means that the issue of redefining China’s policy was put on the table of the Federal Council.”
Read the full article @ Swissinfo.ch:
The METAVERSE Foundation is a Swiss foundation founded on June 27, 2018 with domicile in 6300 Zug.
@ fundraiso.ch | June 27, 2018
