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United States

Sulzer AG (SUN.S)

SUN.S on Swiss Exchange

116.40CHF
18 May 2018
Change (% chg)

CHF-0.60 (-0.51%)
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CHF117.00
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Tue, Apr 24 2018

BRIEF-Sulzer Awarded Pumps Orders From GE Power India Limited

* SULZER INDIA HAS BEEN CONTRACTED TO SUPPLY 21 BARREL-TYPE BOILER FEED PUMP SETS FOR GE POWER INDIA LIMITED Source text: https://bit.ly/2Jm8EnA Further company coverage: (Gdynia Newsroom)

UPDATE 1-Sulzer confirms 2018 outlook despite hit from sanctions impact

VIENNA, April 19 Swiss pump maker Sulzer confirmed its 2018 outlook on Thursday, saying it expected a one-off hit of around 10 million Swiss francs ($10.3 million) from business disruption when its main Russian shareholder was slapped with U.S. sanctions.

Sulzer confirms 2018 outlook, sees small hit from sanctions impact

VIENNA, April 19 Swiss pumpmaker Sulzer confirmed its 2018 outlook on Thursday, saying it expected a one-off hit of 10 million Swiss francs ($10.3 million) from business disruption when its main Russian shareholder was slapped with U.S. sanctions.

BRIEF-MSCI to maintain Sulzer in MSCI Equity Indexes

* Says will maintain Sulzer in the MSCI Equity Indexes until further notice

Sulzer gets second licence unblocking assets frozen by U.S. sanctions

ZURICH, April 14 Swiss pump-maker Sulzer , which was last week freed from U.S. sanctions related to its Russian investor Viktor Vekselberg, said its business was "fully back to normal" after it received a second licence fully unblocking its assets.

Sulzer may keep Vekselberg shares for years after dodging sanctions

ZURICH Sulzer could hang on to the shares it has bought back from main shareholder and Russian oligarch Viktor Vekselberg for years following its deal to escape U.S. sanctions, Chief Executive Greg Poux-Guillaume told Reuters on Thursday.

Swiss firm escapes sanctions on Russians using share buyback

ZURICH Switzerland's Sulzer has used a share buyback to free itself from U.S. sanctions, highlighting a potential escape route for other companies controlled by Russian oligarchs targeted in Washington's crackdown on President Vladimir Putin's inner circle.

UPDATE 3-Swiss firm escapes sanctions on Russians using share buyback

* Sulzer freed from U.S. sanctions targeting Russian oligarchs

Sulzer says free of sanctions as U.S. approves buyback

ZURICH, April 12 Swiss pumpmaker Sulzer is free of U.S. sanctions after authorities approved its buyback of shares that has reduced Russian oligarch Viktor Vekselberg's stake to less than 50 percent, it said on Thursday.

UBS, Credit Suisse stop trading Sulzer shares amid U.S. sanctions

ZURICH Big banks UBS and Credit Suisse halted trading shares in Swiss pumpmaker Sulzer, traders in Zurich said on Wednesday, amid uncertainty over U.S. sanctions on its largest shareholder, Russian billionaire Viktor Vekselberg.

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