September 19, 2018 / 4:39 AM / 3 months ago

Swiss stocks - Factors to watch on Sept 19

ZURICH/BERLIN, Sept 19 (Reuters) - The Swiss blue-chip SMI was seen opening 0.17 percent higher at 8,931 points on Wednesday, according to premarket indications by bank Julius Baer.

Here are some of the main factors that may affect Swiss stocks:

ADECCO

Adecco has seen a slowdown in growth so far in the third quarter, the world’s largest staffing company said on Wednesday ahead of an investor day in London.

NESTLE

Nestle, Unilever , and Coca-Cola are among bidders for GlaxoSmithKline’s Indian Horlicks nutrition business, expected to fetch more than $4 billion, four people familiar with the matter said.

SULZER

Swiss pump maker Sulzer has sold at a profit the treasury shares it bought to get Russian oligarch Viktor Vekselberg’s stake below a majority and skirt the impact of U.S. sanctions on the major investor.

COMPANY STATEMENTS

* Sulzer has begun placing up to 5 million shares that formerly belonged to sanctions-hit Renova.

* Gurit has named Michael Muser as new head of its aero business division.

* SIG Combibloc IPO Bookrunner Says Books Covered On Full Deal Size Including Greenshoe

* Straumann To Gain Control Of Taiwan’s T-Plus

* Givaudan Completes Acquisition And Delisting Of Naturex

* Basler Kantonalbank Says Obtained 92.35 Pct Of Bank Cler Shares

* DKSH Names Daniel Culverhouse New Head Supply Chain Management

* Vaudoise Assurances Holding H1 Consolidated Profit Of CHF 74.0 Mln

* Barry Callebaut Strikes Long-Term Deal With Burton’s Biscuit Co

* Kudelski Signs Reseller Agreement With SentinelOne

* Goldbach Group To Delist Shares In First Quarter 2019

ECONOMY

The Swiss government lifted its economic growth forecasts for 2018 on Wednesday and left unchanged its predictions for 2019, highlighting the country’s strong growth above its long-term average. (Reporting by Zurich newsroom and Berlin Speed Desk)

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