McKesson Europe
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McKesson Europe
McKesson Europe AG (formerly Celesio AG, previously Gehe AG), with its headquarters in Stuttgart, Germany, is a leading international wholesale and retail company and provider of logistics and services in the pharmaceutical and healthcare sectors. The company had around 37,000 employees at the end of the 2019 financial year (31 March 2019) and is represented in 13 countries in Europe. In the 2019 financial year the company achieved a turnover of EUR 21.18 billion. The majority shareholder of the company is the US-based McKesson Corporation, which holds a share of 77.01%. The remaining 22.99% of shares are available on the open market. Kevin Kettler, a US citizen, has been Chairman of McKesson Europe since 1 November 2018. Overview The head office is situated at Stockholmer Platz in the new Europaviertel of Stuttgart, next to Stadtbibliothek and Milaneo shopping centre. The company's core business consists of pharmaceutical wholesale and pharmacies. In the pharmaceutical wholes ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Companies Based In Stuttgart
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Lloyds Pharmacy
LloydsPharmacy is a British pharmacy company. It has around 17,000 staff and dispenses over 150 million prescription items annually. It is owned by the Aurelius Group. It was formerly owned by the American McKesson Corporation. Overview The company is headquartered at Sapphire Court in the Walsgrave Triangle Business Park in Coventry, England. It was purchased by Celesio AG in 1997, and was merged with Celesio's existing UK subsidiary AAH Pharmaceuticals' Hills Pharmacy network to form a network of 1300 pharmacies. In 2022 it was purchased by the Aurelius Group. McKesson has since begun to roll out the LloydsPharmacy brand across its 2,200 European pharmacies. These pharmacies include a "Health Bar", with interactive touch screens, consulting rooms and additional health advice. A close association with Diabetes UK has developed due to LloydsPharmacy completing more than 2 million ree in-pharmacydiabetes tests so far in the UK. LloydsPharmacy used to broadcast a live radio sta ...
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Prime Standard
The Prime Standard is a market segment of the Frankfurt Stock Exchange that includes companies which comply with transparency standards higher than those of the General Standard, which is regulated by law. The Prime Standard includes quarterly reporting as well as ''ad hoc'' disclosure in German and English, application of international accounting standards (IFRS/IAS or US-GAAP), publication of a financial calendar and staging of at least one analyst conference per year. Companies must satisfy the requirements of the Prime Standard to be listed in the DAX, MDAX, TecDAX and SDAX The SDAX (German abbreviation for ''Small-Cap-deutsche Aktienindex'') is a stock market index composed of 70 small and medium-sized companies in Germany. These so-called ' small caps' rank directly below the MDAX (mid-cap) shares in terms of o .... References {{Reflist Stock market ...
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MDAX
The MDAX is a stock index which lists German companies trading on the Frankfurt Stock Exchange. The index is calculated by Deutsche Börse. Until 2021 included the 60 Prime Standard shares from sectors that rank immediately below (in value of market capitalization) the originally 30 companies included in the DAX index; in 2021, the number of constituents in the MDAX shrank to 50 from 60.Tom Sims and Hakan Ersen (September 4, 2021)Porsche, Puma to join Germany's DAX as index expands''Reuters''. The company size is based on terms of order book volume and market capitalization. The index is based on prices generated in the electronic trading system Xetra (trading system), Xetra. Companies The following 60 companies make up the index as of the quarterly review effective on 10 September 2020. : Source: :de:MDAX. See also * DAX * SDAX * TecDAX * ÖkoDAX References {{reflist External linksMDAX
German stock market indices Companies listed on the Frankfurt Stock Exchange, ...
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Sainsbury’s
J Sainsbury plc, trading as Sainsbury's, is the second largest chain of supermarkets in the United Kingdom, with a 14.6% share of UK supermarket sales. Founded in 1869 by John James Sainsbury with a shop in Drury Lane, London, the company was the largest UK retailer of groceries for most of the 20th century. In 1995, Tesco became the market leader when it overtook Sainsbury's, which has since been ranked second or third: it was overtaken by Asda from 2003 to 2014, and again in 2019. In 2018, a planned merger with Asda was blocked by the Competition and Markets Authority over concerns of increased prices for consumers. The holding company, J Sainsbury plc, is split into three divisions: Sainsbury's Supermarkets Ltd ( including convenience shops), Sainsbury's Bank, and Argos. As of 2021, the largest overall shareholder is the sovereign wealth fund of Qatar, the Qatar Investment Authority, which holds 14.99% of the company. It is listed on the London Stock Exchange and is a cons ...
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Paul Singer (businessman)
Paul Elliott Singer (born August 22, 1944) is an American hedge fund manager, activist investor, philanthropist, and the founder, president and co-CEO of Elliott Management. As of October 2021, his net worth is estimated at US$4.3 billion. ''Fortune'' magazine described Singer as one of the "smartest and toughest money managers" in the hedge fund industry. A number of sources have branded him a "vulture capitalist", largely on account of his role at EMC, which has been called a vulture fund. ''The Independent'' has described him as "a pioneer in the business of buying up sovereign bonds on the cheap, and then going after countries for unpaid debts." In more recent times, Singer's Elliot Management has focused on activist campaigns, in which they take an equity stake in a company and agitate using influence and voting rights to encourage change, and they have also expanded into private equity. Singer's philanthropic activities include financial support for LGBTQ rights. He has ...
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Zur Rose Group
Zur Rose Group, headquartered in Frauenfeld, is an active Swiss-based group operating primarily in Europe online pharmacy and pharma wholesaling. Zur Rose Group is the self proclaimed largest e-commerce pharmacy in Europe, operating in Switzerland, Germany, the Netherlands, Spain and France. Its services are offered under different brands in different countries, ''DocMorris'' being the most well known one. The Zur Rose Group shares are listed on the SIX Swiss Exchange. History The company was founded in 1993 by its current CEO Walter Oberhänsli. The company name is derived form an actual pharmacy called ''Zur Rose'' (German for ''to the rose'') in the village of Steckborn. A large number of competitors in pharma logistics and online commerce were acquired over the years, including Ogera AG (2001), Helvepharm AG (2006), DocMorris (2012), Eurapon Pharmahandel GmbH (2017), Promofarma (2018), (2018) and (2019). The group also acquired two software companies; BlueCare AG (2 ...
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European Court Of Justice
The European Court of Justice (ECJ, french: Cour de Justice européenne), formally just the Court of Justice, is the supreme court of the European Union in matters of European Union law. As a part of the Court of Justice of the European Union, it is tasked with interpreting EU law and ensuring its uniform application across all EU member states under Article 263 of the Treaty of the Functioning of the European Union (TFEU). The Court was established in 1952, and is based in Luxembourg. It is composed of one judge per member state – currently – although it normally hears cases in panels of three, five or fifteen judges. The Court has been led by president Koen Lenaerts since 2015. The ECJ is the highest court of the European Union in matters of Union law, but not national law. It is not possible to appeal against the decisions of national courts in the ECJ, but rather national courts refer questions of EU law to the ECJ. However, it is ultimately for the national court ...
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