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NERA buys Law and Business Economics

Premium - 30 August 2002

Economics consulting firm NERA has bought Law and Business Economics, the firm founded by former Oxford academic Mark Williams.

Staples acquires European mail order business

Premium - 30 August 2002

Pinault Printemps Redoute is to sell its European mail order business to US office supplies retailer Staples. The sale has been valued at Euro825 million.

Hutchison Whampoa buys Dutch drug retailer

Premium - 30 August 2002

The Hong Kong-based conglomerate Hutchison Whampoa has agreed to purchase Dutch drugstore chain Kruidvat Holding, it has been announced. The deal is valued at Euro1.3 billion and will see Hutchison using its retail subsidiary A S Watson to take control of the Dutch firm.

ADM bags Minnesota Corn

Premium - 30 August 2002

Minnesota Corn Processors LLC is to merge with a subsidiary of Archer Daniel Midland. Minnesota Corn Processors was established as a farmer-owned cooperative in 1980. The company converts corn into various products including corn syrup, corn starch and ethanol.

Luostarinen Mettala recruits from Nokia

Premium - 23 August 2002

The Finnish firm Luostarinen Mettala Raikkonen has recruited 46-year old Janne Tuulos who has spent the last seven years as vice-president for project finance at Nokia Networks Oy .

Ashurst adds German abilities

Premium - 23 August 2002

The expansion of Ashurst Morris Crisp’s competition group continues apace. The firm has now secured the services of a German competition specialist, Ute Zinsmeister. She will join the partnership officially on September 1.

Mexican agency renews hostilities with Telmex

Premium - 23 August 2002

Mexico’s Federal Competition Commission has resumed its attack on the local services of Teléfonos de Mexico (Telmex), the former state monopoly telephone company, accusing it of practices akin to predatory pricing.

Carlton and Granada abandon plans for full merger

Premium - 23 August 2002

UK television broadcasters Carlton and Granada are to proceed with an agreement to combine key parts of their operations, but have dropped plans to merge after lawyers at Slaughter and May (retained by Carlton) and Lovells (retained by Granada) said that such a deal would be blocked on competition grounds.

DoJ and MathWorks reach compromise

Premium - 23 August 2002

The DoJ’s civil antitrust suit against The MathWorks Inc appears amicably resolved after the technology firm agreed to put a piece of key software up for sale.

Scottish milk saga ends

Premium - 22 August 2002

One of the longest UK competition investigations of recent times has sputtered its last. The Office of Fair Trading says it is closing a file on Robert Wiseman Dairies.