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Clariane Announces Two Capital Increases Totalling C. €328 Million, to Strengthen Its Financial Structure With the Investment of a New Major Shareholder Alongside Credit Agricole Assurances: the Group HLD Europe

The group HLD Europe plans to enter the capital of Clariane with an investment representing a shareholding of 20%, through a reserved capital increase that will be submitted to the vote of the next. ....

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Sandoz US Subsidiaries Resolve Generic Drug Antitrust Class Action Litigation with Direct Purchaser Class Plaintiffs

Sandoz US Subsidiaries Resolve Generic Drug Antitrust Class Action Litigation with Direct Purchaser Class Plaintiffs
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Deutsche Bank : Amendment to the terms and conditions -December 19, 2023 at 08:04 am EST

Execution Version

PROHIBITION OF SALES TO RETAIL INVESTORS IN THE EUROPEAN ECONOMIC

AREA AND THE UNITED KINGDOM

The. ....

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Novartis confirms Sandoz Spin-off for October 4, 2023

Novartis confirms Sandoz Spin-off for October 4, 2023
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Novartis shareholders approve the proposed 100% Spin-off of Sandoz

At an Extraordinary General Meeting held today, Novartis shareholders approved the proposed 100% Spin-off of Sandoz, the Generics and Biosimilars business of Novartis. Shareholders also approved an ordinary capital decrease of the share capital of Novartis AG in the amount of the share capital of Sandoz. This is to achieve tax neutrality of the Spin-off for Swiss withholding tax purposes and for income tax purposes for Swiss domiciled shareholders holding the shares as private assets. ....

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