All Articles

Dawn raids in the UK

Premium - 01 January 2000

As promised by Margaret Bloom, OFT director of competition policy, at various conferences recently, the UK is tightening up on competition. Or so it seems.

Euro steelmakers' B2B e-commerce platforms

Premium - 01 January 2000

Four major European steel manufacturers – Arbed, Corus, ThyssenKrupp and Usinor – have announced that they are to establish two e-commerce B2B platforms, ‘Steel 24/7’ for the sale of various steel products and ‘Buy for Metals’ for the procurement needs of the metals industry.

Holderbank/Secil/Cimpor

Premium - 01 January 2000

Cement group Holderbank (Switzerland) has – with the Portuguese company Secil – launched a public bid for the leading Portuguese cement producer, Cimpor.

FPL Group/Entergy

Premium - 01 January 2000

The FPL Group/Entergy merger in the United States, announced on July 31, underlines the trend towards consolidation within the energy industry.

ASX/New Zealand Stock Exchange

Premium - 01 January 2000

ASX and the New Zealand Stock Exchange have announced plans to merge.

Alstom/Fiat Ferroviaria

Premium - 01 January 2000

French energy and transport conglomerate Alstom SA is to acquire Fiat’s rail transport business, Fiat Ferroviaria, following EC antitrust clearance.

Honeywell/GE

Premium - 01 January 2000

Subject to regulatory approval, General Electric (GE) is set to acquire Honeywell in a US$45-billion deal.

Deutsche Telekom

Premium - 01 January 2000

Deutsche Telekom CEO Ron Sommer is facing a volatile few months as he attempts to steer through the biggest deal of his career: a US$50 billion stock and cash acquisition of VoiceStream Wireless, the US mobile phone outfit.

C3D/Go-Ahead

Premium - 01 January 2000

C3D, a subsidiary of the French transport group Caisse des Dépôts et Consignations, has failed in its attempted takeover bid for the Go-Ahead Group, a UK transport group active in rail, bus and airport services.

AOL/Banco Santander Central Hispano

Premium - 01 January 2000

Having received EU approval of its merger with Time Warner, America Online Inc has turned its attention to Spain, where the US-based online services company has announced a joint venture with Banco Santander Central Hispano (BSCH), the leading financial group in Spain and Latin America.