All Articles

US International Paper/Champion International

Premium - 01 July 2000

International Paper's unsolicited bid of $7.3 billion for rival firm Champion International Corporation squeezed out Europe's UPM-Kymmene, which had made a bid for Champion in February.

VEBA/VIAG

Premium - 01 July 2000

VEBA and VIAG are planning a merger that could create the second-largest electricity group in Germany and a key global speciality-chemicals group.

Siemens/Bosch/Atecs Mannesmann

Premium - 01 July 2000

Siemens and Bosch have agreed jointly to acquire Atecs Mannesmann, the holding company of the engineering and automotive businesses of Mannesmann (consisting of Dematic, Demag-Krauss Maffei, Rexroth, Sachs and VDO).

Glaxo Wellcome/Smithkline Beecham

Premium - 01 July 2000

The proposed $180-billion SmithKline Beecham and Glaxo Wellcome merger, announced on January 17, creates the largest pharmaceuticals company in the world.

Thomson-CSF/Racal

Premium - 01 July 2000

Thomson-CSF of France has made a cash bid for the Racal Electronics of the UK. Clearance has been granted under Hart-Scott-Rodino legislation, which addresses US antitrust concerns, and under Exon-Florio legislation, which addresses US national security concerns.

European Aeronautic, Defence and Space Company (EADS)

Premium - 01 July 2000

A number of defence mergers cutting across jurisdictions have raised competition issues in recent months.

BAE Systems/Lockheed Martin

Premium - 01 July 2000

Since the failed negotiations with Finmeccanica, British Aerospace's sister company BAE Systems has moved to bolster its position in the US defence market with the acquisition of Lockheed Martin Corp's Control Systems in a $510 million deal.

LSE/Deutsche Börse

Premium - 01 July 2000

The London Stock Exchange and the Deutsche Börse have been involved in merger talks with the aim of setting up a cross-border exchange called iX.

Preussag/Thomson

Premium - 01 July 2000

Thomson Travel Group, a leading European holiday and leisure group, has agreed to be taken over by Preussag, Europe's largest package holiday group, in a $2.9 billion deal.

Auto parts web venture

Premium - 01 July 2000

The US Federal Trade Commission is investigating a web venture launched in April by DaimlerChrysler, General Motors and Ford.