Schneider increases cash proposal in bid to acquire Legrand
Article Abstract:
Schneider Electric SA has raised its offer to acquire Legrand SA. Schneider raised its offer by 55 euros per share in cash to 370 million euros.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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GEC expects to unveil merger deal in early 1999
Article Abstract:
General Electric PLC (GEC) has pared down its list of possible merger partners to four candidates: Lockheed Martin Corp., Northrop Grumman Co., Thomson-CSF, and British Aerospace PLC. An official with the company stated that it is too early to say which company will succeed as GEC's merging partner, but the company hopes to announce a deal in early 1999. Company officials believe that being among the first European defense companies to merge may bring the company the greatest number of options.
Comment:
General Electric PLC may merge with Lockheed Martin, Northrop Grumman, Thomson-CSF, or British Aerospace
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
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Club Med will acquire Jet Tours
Article Abstract:
France's Jet Tours Holding will be acquired for 485 million French francs by Club Mediterranee. Club Med, the global seaside holiday resort firm, is seeking to stay ahead of a new wave of consolidation in the European travel industry by expanding its tour operating business. Industry analysts have said that Club Med's new acquisition will make it less vulnerable to takeover bids.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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