A growing partnership
Article Abstract:
Spanish and US investors have been investing heavily in Latin America's businesses with an emerging trend towards partnerships involving all three countries. Banking and insurance businesses have been especially targetted by Spanish investors, with 30.2% of all Spanish Latin America mergers and acquisitions activities involving this sector during 1997, followed by the natural resources sector with 29.2%. Nearly $14 billion has been invested in Latin America by Spanish firms since 1994. Funding for many Spanish projects comes from US investment houses, which benefit from having Spanish involvement.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1998
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Sharper than steel
Article Abstract:
Scotland has transformed its traditional manufacturing base into one of the most competitive high-tech areas of industries in the world by providing skilled workers, good infrastructure and attractive financial inducements. The largest job creation investment comes from Chung Hwa of Taiwan which plans to build a factory to make cathode ray tubes. Total expenditure will amount to 260 million pounds sterling which will create 3,300 jobs in Lanarkshire, Scotland. Over 500 jobs will be created by Lexmark which plans to invest 26 million pounds sterling in a new computer printer plant.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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