Royal & Sun will launch bid for Orion
Article Abstract:
Royal & Sun Alliance PLC is planning to acquire Orion Capital Corp. in a deal valued at almost $1.4 billion (1.38 billion euros). Orion is a non-life insurance company based in the US. Stockholders in Orion will be given $50 per share according to the terms of the transaction. Royal & Sun is based in the UK. The deal represents the latest attempt by a European insurer to take an acquisition target in the US.
Comment:
Royal and Sun Alliance to acquire Orion Capital in deal valued at almost $1.4 billion (1.38 billion euros)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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Baxter to purchase oncology business from Degussa
Article Abstract:
Baxter International Inc. will purchase Degussa AG's Asta Medica oncology unit for Euro525 million, its first foray into cancer therapeutics.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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