Car parts mergers lead to a healthier whole
Article Abstract:
The world car parts industry has been affected by pressure from manufacturers seeking to reduce the number of their suppliers and pressing for international suppliers. This is likely to lead to restructuring of the industry through mergers and acquisitions. The process is likely to be gradual, argues one UK car parts company. Move are already afoot toward consolidation. T and N is seeking to acquire Kolbenschmidt, while Lucas is seeking to acquire a stake in Valeo.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Hambros bank: on its knees
Article Abstract:
Hambros Bank may face legal action and a fine from the UK Securities and Futures Association (SFA) over its role as adviser to Andrew Regan. Regan made a bid for the Co-operative Wholesale Society (CWS) and allegedly used confidential data stolen by a CWS executive. Hambros shares have underperformed and the company could be under pressure to restructure whatever action the SFA undertakes. Hambros could also become a bid target.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Share bonanza axed on investor pressure
Article Abstract:
UK railroad operator Prism Rail has dropped its disputed boardroom share initiative following pressure from institutional investors. The 10 founder members of Prism have received 17 million pounds sterling-worth of free shares as part of a deal worth some 40 million pounds sterling. Among the institutions believed to have pressurized the company to abandon the scheme are Kleinwort Benson, Schroders and Gartmore.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Coherent risk measures under filtered historical simulation. Integrating market and credit risk: a simulation and optimisation perspective
- Abstracts: Capital adequacy, bank mergers, and the medium of payment. US evidence on bank takeover motives: a note. A new application of sustainable growth: a multi-dimensional framework of evaluating the long run performance of bank mergers
- Abstracts: Rate doubts hit the yen. Japan: interest rate rise. Japan: glimmers of optimism
- Abstracts: Insurance merger worth covering. Nelson buffeted in Lloyd's storm. LLoyd Thompson
- Abstracts: Mergers made in hell. US economy: US rate hopes dampened. To Emu or not to Emu