Governments Turn To `Golden Shares' To Block Deals
Article Abstract:
Governments of the European Union are misusing their `Golden Shares' veto power to block the transactions of private companies. In this way, these governments can retain control and protect the interests of local businesses.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Auna bets on a traditionalist; Chairman Salazar wants to beat Telefonica with networks, not content
Article Abstract:
The article discusses the challenges faced by Luis Alberto Salazar-Simpson, chairman of Auna, a firm being launched today to group the Spanish telecommunications assets of Telecom Italia SpA, and utilities Endesa S.A. and Union Electrica Fenosa S.A..
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Telecom Italia toils to salvage merger
Article Abstract:
The endangered merger pact between Deutsche Telekom AG and Telecom Italia SpA, which is foundering due to political squabbling between the German and Italian governments over the terms of the merger, may be rescued if Deutsche Telekom increases its bid value. Telecom Italia, which is intent on resisting a $64 billion hostile takeover attempt by Olivetti SpA, may back a leveraged recapitalization by a shell firm.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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