Tag Archives: Saint-Gobain

Saint-Gobain Says Acquisition of SIKA Moving Forward

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“Antitrust filings are proceeding as planned.” This is how French conglomerate Saint-Gobain’s management refers to the company’s bid to acquire Swiss specialty chemical company SIKA AG in its 2015 report on half-year results. “Under no circumstances can Saint-Gobain be forced … Continue reading

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EU Commission Approves Saint-Gobain’s Bid to Acquire SIKA

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The European Commission has approved the proposed acquisition of Swiss specialty chemical company SIKA AG by French conglomerate Saint-Gobain.  “The Commission concluded that the proposed acquisition would not raise competition concerns because the combined market shares of the parties are … Continue reading

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SIKA’s Board Says No to Proposed Agenda Changes at Extraordinary Meeting

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Swiss specialty chemical company SIKA AG’s board has denied Schenker-Winkler Holdings (SWH) request to revise the agenda for the July 24, 2015 extraordinary general meeting. “In view of the resolutions of the annual general meeting of April 14, 2015, SWH’s … Continue reading

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Swiss Superior Court Denies SWH Appeal to Overturn Voting Restriction

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The Swiss Superior Court of Zug (Obergericht Zug) has denied Schenker-Winkler Holding AG’s (SWH) appeal over its restriction of voting rights in specialty Swiss chemical company SIKA AG. SIKA, its current management and some investors are attempting to stave off … Continue reading

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SIKA Saga Continues

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The Bill & Melinda Gates Foundation Trust and Cascade Investment, investors in Swiss specialty chemical company SIKA, have appealed to the Swiss Federal Administrative Court after they found the decision of The Swiss Financial Markets Authority (FINMA) concerning SIKA unfavorable. … Continue reading

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Swiss Financial Authority Confirms Validity of Sika’s Opt-Out Clause

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The Swiss Financial Markets Authority (FINMA) has denied an appeal by the Bill & Melinda Gates Foundation Trust as well as Cascade Investment, which are both shareholders in Swiss specialty chemical company Sika AG. The shareholders were attempting to appeal … Continue reading

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Sage’s Giron Nominated for European Inventor Award

Dr. Jean-Christophe Giron of Sage Electrochromics, a Saint-Gobain company, was nominated for the European Inventor Award 2015 for his research in the field of electrochromic glass. Launched by the European Patent Office in 2006, the award “pays tribute to the … Continue reading

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Sika’s Annual General Meeting Turns into 7-Hour Long Debate

Swiss specialty chemical company Sika AG’s seven-hour long annual general meeting of shareholders is one for the record books. The Swiss company’s management and several board members are in a standoff with Burkard family-owned Schenker-Winkler Holding (SWH) over the potential … Continue reading

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Saint-Gobain, Burkard Family Extend Time Period for Deal

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Saint-Gobain’s agreement with the Burkard family over the sale of Schenker-Winkler Holding (SWH) has been extended until June 30, 2016. The deal would position Saint-Gobain to gain majority voting rights in Swiss specialty chemical company Sika AG without having to … Continue reading

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Saint-Gobain Commemorates 350 Years with Futuristic Global Exhibition

Saint-Gobain is celebrating its 350th anniversary with a touring exhibition called “Future Sensations,” which highlights innovations throughout the last three and a half centuries and looks at the innovations of the future. The exhibition will make four stops across the … Continue reading

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