latest news releases from the newsroom
Invik & Co. AB: Share Reclassification
STOCKHOLM, Sweden, June 11, 2003 (PRIMEZONE) -- Invik & Co. AB, today announced that holders of 344,634 class A shares have registered to reclassify their class A shares into class B shares. The reclassification is made in accordance with the resolution passed at the Annual General Meeting on 15 May 2003. The number of class A shares following the reclassification is 3,408,699 and the number of class B- shares is 4,351,301. The total number of outstanding shares remains unchanged at 7,760,000.
Credit Suisse Group
Credit Suisse Group: Winterthur Group to Sell its UK Non-Life Insurer Churchill to The Royal Bank of Scotland Group plc
ZURICH, Switzerland, June 11, 2003 (PRIMEZONE) -- Winterthur Insurance, a subsidiary of Credit Suisse Group (NYSE:CSR) (Other OTC:CSGKF), has signed an agreement to sell its subsidiary Churchill to The Royal Bank of Scotland Group plc for total consideration of approximately GBP 1.1 billion in cash. The sale is an important step in repositioning Winterthur's business portfolio. In addition, the transaction will significantly strengthen the capital position of Winterthur. Subject to regulatory approvals, the transaction is expected to be completed in the third quarter of 2003.Consideration of approximately GBP 1.1 billion will be payable in cash at completion. In addition, the transaction will involve the repayment of debt to Credit Suisse Group companies amounting to approximately GBP 100 million. Upon closing, the transaction will substantially strengthen Winterthur's consolidated EU solvency ratio. Furthermore, the sale will result in a significant capital gain expected in the third quarter of 2003.
Crucell is Developing West Nile Vaccine for Humans
LEIDEN, Netherlands, June 11, 2003 (PRIMEZONE) -- Dutch vaccine and antibody company Crucell N.V. (Euronext:CRXL) (Nasdaq:CRXL) announced today that it is developing a human West Nile vaccine based on the company's proprietary PER.C6(tm) cell line.
Crucell and Kimron Veterinary Institute Sign License Agreement for West Nile Veterinary Vaccine
LEIDEN, Netherlands, June 11, 2003 (PRIMEZONE) -- Dutch vaccine and antibody company Crucell N.V. (Euronext:CRXL) (Nasdaq:CRXL) announced today a license agreement with Kimron Veterinary Institute of Israel. The program will focus on the development and registration of a whole killed West Nile veterinary vaccine based on Crucell's PER.C6(tm) cell line technology. The Kimron Veterinary Institute is the diagnostic and research arm of the Veterinary Services of the Israeli Ministry of Agriculture.
Hong Kong -- $488.! 4 Days Air & Hotel -- Book By June 20! Travel Valid July 8-July 25, 2003
BOTHELL, Wash., June 10, 2003 (PRIMEZONE) -- And, we thought we saw the best deal before -- well, maybe not! Make no doubt about it -- if you are looking for the hottest deal anywhere -- this has got to be it -- Hong Kong is "hot"! This is indeed an opportunity of a lifetime to take advantage of an incredible great airfare and super, super hotel savings. But, this opportunity will NOT last long -- and space is going fast!
Pomerantz Haudek Block Grossman & Gross LLP: RealNetworks Shareholders Have Until Monday July 14, 2003 to Seek Appointment as Lead Plaintiff -- RNWK
NEW YORK, June 10, 2003 (PRIMEZONE) -- According to Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com), which has filed a class action lawsuit against Lehman Brothers Inc. ("Lehman") and its senior technology analyst Michael E. Stanek ("Stanek") on behalf of investors who purchased the common stock of RealNetworks, Inc. ("RealNetworks" or the "Company") (Nasdaq:RNWK) during the period from July 1, 1999 through June 30, 2001, inclusive (the "Class Period"), shareholders have until Monday July 14, 2003 to seek appointment by the Court as one of the lead plaintiffs in this action.
Abbey Spanier Rodd & Abrams, LLP
Abbey Gardy, LLP Commences Class Action Securities Fraud Suit Against CornerStone Propane Partners LP -- CNPP
NEW YORK, June 10, 2003 (PRIMEZONE) -- Abbey Gardy, LLP commenced a Class Action lawsuit in the United States District Court for the Northern District of California (C-03-2685), located at 450 Golden Gate Ave, 16th Floor, San Francisco, CA 94102, on behalf of a class (the "Class") of all persons who purchased securities of CornerStone Propane Partners LP ("CornerStone" or the "Company") (Other OTC:CNPP) between November 2, 1999 and February 11, 2003 inclusive (the "Class Period"). The case has been assigned to the Honorable Marilyn Hall Patel.