Elders' battle for S & N

Article Abstract:

Australia's Elders IXL Ltd failed to take over Scottish & Newcastle (S & N) Breweries, due largely to negative perceptions on behalf of the Scottish Monopolies and Mergers Commission. Despite success in presenting their case to the shareholders, Elders lost out to S & N management when its aggressive scheme to acquire S & N shares in the open market was revealed. The cost of the S & N defense was measured in the millions of pounds, and the cost of the failed take over attempt was considerable greater, in view of the estimated 50 million pounds sterling loss which Elders will incur in the forced disposal of their S & N shares.

Management, Acquisitions and mergers, Scotland, Scottish & Newcastle Breweries PLC, Elders IXL Ltd.

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Trickle-down civil rights

Article Abstract:

The economic policies of mayor of New York Rev. Jesse Jackson are discussed. His views on Bill Clinton, Al Gore and Bill Bradley are examined and the potential of his Wall Street Project aimed at increasing minorities' access to capital and wealth is explored.

United States, Political activity, Economic policy, Race relations, King, Martin Luther, Jr., Jackson, Jesse

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Brave explorers required

Article Abstract:

Proven oil reserves in the Caspian Sea basin are estimated at around 17 billion barrels. However, offshore exploration in the region is extremely expensive, and only large companies will have the financial resources to become involved.

Natural resources, Natural gas exploration, Caspian Sea, Oil and gas exploration, Petroleum exploration

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