Shell pulls out of group seeking big Rosneft stake
Article Abstract:
Royal Dutch/Shell has abandoned a consortium that is seeking to acquire 75% plus one share of Rosneft, the biggest oil company that remains on the hands of the Russian government. The company said that the present weakened condition of oil prices does not justify making a bid for Rosneft. Also cited was troubled economic condition in Russia, which would require Shell to fund a substantial portion of the bid. Shell was supposed to be making a bid for a majority stake in Rosneft with Gazprom and Lukoil.
Comment:
Abandons a consortium that is seeking to acquire 75% plus one share of Rosneft
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
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Buhrmann plans hostile bid for Samas, Ahrend
Article Abstract:
Buhrmann NV announced that it is planning to make acquisition offers for Samas-Groep NV and Koninklijke Ahrend NV. Buhrmann's offer is expected to reach approximately 750 million euros.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Dutch budget seeks to slash welfare state
Article Abstract:
Holland's conservative government has proposed a budget that would make major cuts into the nation's welfare system. Holland's economy is close to being in recesssion.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
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