Swiss stocks - Factors to watch on April 25
ZURICH, April 25 The following are some of the main factors expected to affect Swiss stocks on Tuesday:
BRUSSELS, Sept 29 U.S. software company Salesforce called on EU regulators on Thursday to investigate antitrust issues related to Microsoft's $26 billion bid for social network LinkedIn.
Microsoft is expected to seek EU antitrust approval in the coming weeks for its largest ever deal.
Salesforce, which lost out on the bidding for LinkedIn, urged competition authorities to go beyond a simple review, saying the deal threatens innovation and competition.
"By gaining ownership of LinkedIn's unique dataset of over 450 million professionals in more than 200 countries, Microsoft will be able to deny competitors access to that data, and in doing so obtain an unfair competitive advantage," Burke Norton, Salesforce's chief legal officer, said in a statement.
"Salesforce believes this raises significant antitrust and data privacy issues that need to be fully scrutinized by competition and data privacy authorities in the United States and in the European Union," he said.
Microsoft could not be immediately reached for comment. The European Commission's preliminary review of merger deals lasts 25 working days, which can be extended by about four months if it has serious concerns. (Reporting by Foo Yun Chee; editing by Francesco Guarascio)
TOKYO, April 25 Japan's Toshiba Corp will start taking bids for Landis+Gyr, its Swiss smart meter unit, as early as June, Kyodo news agency reported on Tuesday.
April 25 A shareholder vote scheduled for Tuesday could throw Wells Fargo & Co's leadership into question if many directors, criticized for their slow response to the bank's phony-account scandal, fail to win solid majorities.