The A to Z of B2B
Article Abstract:
Internet Capital Group (ICG) was set up by Ken Fox, who holds a 4% stake in the company, which is a specialist in business-to-business operations. The companyaims to own part of all leading online exchanges likely to emerge in some 50 sectors such as cattle ranching and health care. The company's stock price initially rose. The company offers advice to firms it invests in, and some of these firms have developed links with exchanges set up by big firms. ICG has to sell transaction support services like hedging tools and credit analysis in order to boost its profits.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2000
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Branson and the money-men
Article Abstract:
Richard Branson is selling a stake of 49% in Virgin Atlantic, and will use the net proceeds of the sale to deal with the problems of Our Price. Branson took over Our Price in 1998 and also took on bank debt of 115 million pounds sterling. Other companies with problems include V2 Music and Virgin Cola. Meanwhile, Branson aims to invest in internet ventures, and is considering selling mobile phones and other high-tech products through Our Price outlets.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2000
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Mercury falling
Article Abstract:
The performance of Mercury Asset Management following its acquisition by Merrill Lynch is examined in detail.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2000
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