Henrijean-Thilly Van Eessel main dans la main
Article Abstract:
The takeover bid launched by the US firm, Marsh & McLennan, on the UK broker, Sedgwick, could cause repercussions within the Belgian insurance market. Sedgwick has interests in the Belgian broker Thilly Van Eessel (1997 turnover BFr 1.62bn) and the employee benefits (life insurance, healthcare) firm, Sedgewick Noble Lowndes. Marsh & McLennan has interests in Henrijean, as well as the employee benefits firm Mercer, and the reinsurance firm G.Carpenter. Although it is reported to be too early to foresee the consequences of the takeover, it is predicted that a merger between the Belgian interests could occur, creating a new leader in the Belgian market.
Comment:
Takeover bid on broker Sedgwick could cause repercussions with its Belgian insurance market
Publication Name: Echo (Belgium)
Subject: Business, international
ISSN: 0776-409X
Year: 1998
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Solvay cr e une filiale/
Article Abstract:
Solvay expects to set up a production plant in Poland, to supply fuel tanks and air intake systems to the locally-based carmakers Daewoo and Peugeot, and to Renault's plant in Slovenia. The Belgian group is expected to invest several tens of million BFr into the future unit, which should get started in 1999 with a 120 staff. The group has already set up a new 100%-owned subsidiary there, called Solvay Automotive Polska. Solvay, the Belgian chemical group, made a turnover of some BFr 20bn as part of its automotive activity in 1997.
Comment:
Expects to set up prodn plant in Poland to supply fuel tanks & air intake systems to locally-based carmakers Daewoo & Peugeot
Publication Name: Echo (Belgium)
Subject: Business, international
ISSN: 0776-409X
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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