{
Helena Smolak

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stada postpones ipo until september amid market uncertainties

Germany's Stada Arzneimittel has postponed its initial public offering until September due to recent market uncertainties, according to sources. The company's private-equity owners, Bain Capital and Cinven, are still discussing the listing plans, which remain subject to change. JPMorgan Chase, Morgan Stanley, Deutsche Bank, and Goldman Sachs are serving as global coordinators for the IPO.
marketscreener.com
STADA Arzneimittel B.V. JPMorgan Chase & Co. Morgan Stanley The Goldman Sachs Group, Inc. Deutsche Bank RV Global PP DEU Helena Smolak Show more
Business & Industry, News Article
08:23 19.03.2025

ubs receives waiver to manage us pensions until 2029

UBS has received a waiver from the U.S. Department of Labor, allowing it to manage U.S. retirement plans after missing a deadline for paperwork. The exemption, effective from the Credit Suisse takeover in June 2023 until June 2029, was granted amid UBS's integration efforts. The bank expressed regret over the delay, which could have forced it to halt asset management activities without the waiver.
MarketScreener
United States Dollar Credit Suisse High Yield Bond Fund, Inc. CHE Helena Smolak
Finance & Economy, News Article
19:16 16.01.2025
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