Published by Global Banking and Finance Review
Posted on December 11, 2025
Published by Global Banking and Finance Review
Posted on December 11, 2025
Dec 11 (Reuters) - UBS Fund Management has acquired 10.3% of the voting rights in packaging company SIG Group, the Swiss stock exchange operator SIX said on Thursday.
The SMIM index-listed company in November appointed a new chief executive with Mikko Keto after having issued a profit warning in September that had sent shares tumbling around 24%.
(Reporting by Marleen Kaesebier in Gdansk)
A profit warning is a statement issued by a company indicating that its earnings will fall below market expectations, often leading to a decline in stock price.
A chief executive officer (CEO) is the highest-ranking executive in a company, responsible for making major corporate decisions and managing overall operations.
An index in finance is a statistical measure that represents the performance of a group of assets, often used to track market trends or investment performance.
Equity investment involves purchasing shares of a company, giving investors ownership rights and a claim on future profits, typically in the form of dividends.
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