SWISS DAYBOOK: Galenica Seeks Acquisitions; BKW, Kaba, Eos

Galenica AG will make more acquisitions, focusing on “pharma outside of Switzerland,” Stocks reported, citing an interview with Chief Executive Officer Etienne Jornod.

EQUITIES: *BKW FMB Energie buys two Italian wind farms *Kaba Holding acquires e-Data for undisclosed price *Eos Holding buys eight wind farms in Germany *PubliGroupe sells 17% in Chinese Internet company Huashang Interactive Media

WHAT TO WATCH: *Phoenix Mecano holds annual general meeting at 3 p.m. in Stein am Rhein, Switzerland *KOF Swiss Leading Indicator for May

ECONOMY: *IMF says Swiss central bank should start raising borrowing costs

MARKETS: *The SMI climbed 0.1 percent to 6469.16 *The SPI rose 0.1 percent to 5947.06 *The Stoxx Europe 600 Index slipped 0.1 percent to 277.14 *The MSCI Asia-Pacific Index gained 0.8 percent to 134.41 at 7:10 a.m. Zurich time *Euro-franc traded at 1.2212 at 7:11 a.m. Zurich time

To contact the reporters on this story: Corinne Gretler in Zurich at

To contact the editors responsible for this story: Dylan Griffiths at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.