News

Vodaphone/Bell Atlantic

Premium 01 January 1999

Vodaphone Airtouch is to merge with Bell Atlantic, creating a new company valued at over US$70 billlion.

MCI Worldcom/Sprint

Premium 01 January 1999

MCI WorldCom Inc is to acquire Sprint Corp for US$115 billion in the largest industrial takeover in history.

Airlines in Canada

Premium 01 January 1999

Onex Corporation, the Canadian buy-out company, has withdrawn its C$1.8 billion hostile bid for the country's two national airlines after Canadian courts ruled that its bid for Air Canada was illegal.

DASA/Aérospatiale Matra

Premium 01 January 1999

DaimlerChrysler Aerospace AG and Aérospatiale Matra SA are planning a £6.76 billion merger which would create the world's third-largest aerospace company after Boeing Co and Lockheed Martin of the US.

Austrian bank cartel

Premium 01 January 1999

Eight Austrian banks which collectively account for over half of Austrian deposits and lending have been accused by the European Commission of jointly setting interest rates and commission fees.

Vodaphone/Mannesmann

Premium 01 January 1999

The UK's largest telecommunications operator, Vodaphone AirTouch, has launched a 124-billion-euro hostile bid for German telcoms group Mannesmann.

Freshfields Deringer/ Wolf Theiss association

Premium 01 November 1998

On November 5 Freshfields Deringer formed an association with leading Austrian firm Wolf Theiss & Partners, thereby formalising the long history of cooperation between Freshfields, Deringer Tessin Herrmann & Sedemend and Wolf Theiss.

Linklaters Alliance

Premium 01 November 1998

Following the establishment of the Linklaters Alliance, Alec Burnside will move from the current Brussels office into the Alliance of European Lawyers office at rue Brederode 13. The practice group leader for European competition law will be Bernard van de Walle Ghelke.

LECG continues European growth

Premium 01 November 1998

Robin Aaronson is joining Law and Economics Consulting Group in London. He was previously a director of Coopers & Lybrand and its coordinating partner during the investigation of the merger with Price Waterhouse.

Long moves to Olswang

Premium 01 November 1998

After eight years at Coudert Brothers, highly-regarded telecoms expert Colin Long will join London's Olswang solicitors.