Marron glacé to build a factory to produce Spanish marrons glacés using Galician raw chestnuts, which previously were exported to France to produce the confectionary. Posada used the French and Italian formula to produce the marrons glacés. Today, there are two factories that produce marrons glacés in Spain. The French refer to chestnuts as "châtaigne" or "marron". Both terms refer to the fruit of the sweet chestnut "Castanea sativa". However, "marron" tends to denote a higher quality, larger fruit that is more easily peeled. The fifth edition of the dictionary "Dictionnaire de l'Académie française. Revu, corrigé et augmenté" published in 1798 states
Donald Marron billion, representing an estimated 47 percent premium over PaineWebber's closing price the day prior to the deal's announcement, and a multiple of 18.1 times the company's estimated 2000 earnings at the time. The deal had the support of PaineWebber's major shareholders. PaineWebber's sale to UBS AG expanded UBS's presence in the U.S. wealth management market. The deal was described as one of the most successful transactions of its time, having reached a record sale price and delivering clear benefits to shareholders, clients and employees of both companies. Marron served as Chairman of UBS America from 2000-2003. In 2000, Marron founded