Latest Acquisition news and updates from Switzerland. AI-curated articles covering Acquisition topics.
The European Commission has approved Zurich Insurance Group's acquisition of British specialist insurer Beazley, a deal valued at nearly $11 billion. The move, which is expected to close in late 2026 pending further approvals, aims to position Zurich as a leader in specialist sectors like cyber and renewable energy.
The Basel-based private bank J. Safra Sarasin has announced its acquisition of the remaining stake in Saxo Bank, a Danish online investment specialist. This move will give the Swiss group 100% ownership, aiming to strengthen Saxo Bank's long-term growth while it continues to operate as a separate entity.
Basel-based private bank J. Safra Sarasin has announced its complete takeover of Danish online investment firm Saxo Bank, acquiring the remaining shares to hold 100% of the company. The move aims to strengthen the bank's long-term structure while allowing Saxo Bank to continue as a separate entity and accelerate its growth.
Swiss pharmaceutical giant Novartis has announced the acquisition of British start-up Myricx Bio for an initial $1.1 billion, a strategic move to bolster its portfolio of antibody-drug conjugates for treating various solid tumours.
Global retail giant Amazon has acquired the Zurich-based delivery robot start-up Rivr. The ETH Zurich spin-off, known for its four-legged robots capable of climbing stairs, marks another significant Swiss tech success story and a major investment by a global giant.
Swiss inspection and certification giant SGS has acquired India-based cybersecurity company Panacea Infosec. The move is set to strengthen SGS's presence in the information security sector and is projected to generate over CHF200 million in revenue by 2027.
From trusted Swiss news outlets