Pigs might fly at PII
Article Abstract:
British Gas (BG) established Pipeline Integrity International (PII) in the early 1980s as a research division to carry out gas pipeline inspections. PII was eventually sold by BG for 90 million pounds sterling in Feb 1998 to Mercury which is seeking to develop the company's strategic business of pipeline inspection employing magnetic flux leakage technology. Checks are made on pipelines using a magnetic sensitive vehicle known as a pig, which cost about 300,000 pounds sterling each. PII is responsible for 46% of global pipeline inspection work.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1998
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A bill with bite
Article Abstract:
The UK government is to introduce a new Competition Act in October 1999, based on recommendations put forward by the European Community Treaty to harmonize business law throughout Europe. One of the main objectives of the new law will be to reduce the number of anti-competitive agreements which harm competition. The Office of Fair Trading has over 10,000 registered agreements, which will be affected by the new Competition Act.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1998
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The keys to gaining value
Article Abstract:
It is suggested that by including strict conditions at the investment and exit stages of an equity investment, returns can be maximised. Investors are advised to consider the market placement of the company and the possibility of increased competition. On considering the exit, it is advised that an external adviser be appointed. The threat of new competition is discussed in detail.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1996
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