Edition:
United Kingdom

Swiss Life Holding AG (SLHN.S)

SLHN.S on Virt-X Level 1

386.30CHF
12 Nov 2018
Change (% chg)

CHF-4.70 (-1.20%)
Prev Close
CHF391.00
Open
CHF393.60
Day's High
CHF393.60
Day's Low
CHF386.30
Volume
150,713
Avg. Vol
160,859
52-wk High
CHF393.60
52-wk Low
CHF324.40

Latest Key Developments (Source: Significant Developments)

Vonovia Buys Stake in Residential Portfolio From SNCF As Part Of Consortium
Friday, 12 Oct 2018 

Oct 12 (Reuters) - Vonovia SE ::AS PART OF A CONSORTIUM, VONOVIA WILL ACQUIRE A 10% STAKE IN A 4,000 UNIT RESIDENTIAL PORTFOLIO FROM SNCF GROUP.STRUCTURE OF TRANSACTION WILL GIVE VONOVIA AN INDIRECT 10% STAKE IN FONCIÈRE VESTA FOR AN INVESTMENT OF A HIGHER DOUBLE-DIGIT MILLION EURO AMOUNT.REITERATES ITS BELIEF THAT FRANCE IS A MEANINGFUL LONG-TERM OPPORTUNITY TO THE EXTENT THAT LEGISLATION CHANGES.WITHOUT SUCH LEGISLATIVE CHANGE, HOWEVER, VONOVIA DOES NOT EXPECT TO MAKE ANY MEANINGFUL CAPITAL ALLOCATIONS.  Full Article

Swiss Life looking at bolt-on acquisitions
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Swiss Life Holding AG ::SWISS LIFE CFO SAYS WE ARE LOOKING AT SOME BOLT-ON ACQUISITIONS.SWISS LIFE CEO SAYS M&A TARGETS ARE FOCUSED ON COMPANIES IN FEE BUSINESS, THAT CAN BE ASSET MANAGERS.  Full Article

Swiss Life CFO: three-quarters of targeted 100 million Sfr cost cuts by end-2018 already implemented
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Swiss Life CFO says:no further news on U.S. Department of Justice inquiry into its wrapper business‍​.have already implemented three-quarters of targeted 100 million Sfr cost cuts by end-2018.  Full Article

Swiss Life CEO: good progress will positively impact future dividend payout ratio
Wednesday, 16 Aug 2017 

Aug 16 (Reuters) - Swiss Life Holding Ag CEO says:good progress on targets will positively impact future dividend payout ratio.cash remittances likely to reach four-fifths of targeted more than 1.5 billion sfr by end of year.looking for deals throughout Europe for own real estate portfolio and managed third-party portfolio.also looking in Spain, but cannot comment on specific deals.  Full Article

Hispania in talks with Swiss Life, among others, to sell office assets‍​
Wednesday, 9 Aug 2017 

Aug 9 (Reuters) - HISPANIA ACTIVOS INMOBILIARIOS SOCIMI SA ::SAYS IS STUDYING POSSIBLE DIVESTITURE OF OFFICE ASSETS‍​.SAYS IS IN CONTACT WITH POTENTIAL BUYERS INCLUDING SWISS LIFE <<>>, WITH NO DEAL REACHED YET.  Full Article

Swiss Life CFO: well on track to achieve 2017 targets
Wednesday, 10 May 2017 

May 10 (Reuters) - Swiss Life Holding Ag :CFO says well on track to achieve 2017 financial targets.  Full Article

Swiss Life CEO: won't raise 2018 targets but can surpass them anyway
Friday, 3 Mar 2017 

When asked whether Swiss Life would raise its 2018 targets in an analyst call, Chief Executive Patrick Frost said: It's not Swiss Life policy to revise mid-term targets during the target cycle . Swiss Life will not revise its 2018 targets, but this does not prevent us from reaching or surpassing these targets Further company coverage: [SLHN.S] (Reporting by Brenna Hughes Neghaiwi) ((brenna.neghaiwi@thomsonreuters.com; +41 58 306 77 35;)).  Full Article

Swiss Life CEO says implemented 59 mln of 100 mln Sfr cost savings goal
Friday, 3 Mar 2017 

Swiss Life Holding Ag :CEO says implemented 59 million of 100 million Sfr 2018 cost savings target -newswires call.  Full Article

Markus Leibundgut to become CEO of Swiss Life Switzerland
Tuesday, 6 Dec 2016 

Swiss Life Holding Ag : Markus Leibundgut, currently CEO of Swiss Life Germany, to become CEO of Swiss Life Switzerland on 1 April 2017 .Ivo Furrer, who has held this position since 2008, has decided to work outside Swiss Life, the company said.  Full Article

EU mergers and takeovers (Nov 12)

BRUSSELS, Nov 12 The following are mergers under review by the European Commission and a brief guide to the EU merger process: