Zeneca shares soar on back of merger rumours

Article Abstract:

Sweden based drugs company, Astra, has announced that it is interested in acquiring the remaining 50% of its joint sales venture with US based Merck. It is thought that Astra may pay up to US$ 15bn to acquire the remaining share in the joint venture with payments being linked to future drug sales over the next few years. The restructuring of its sales venture will allow the company to possibly link up with another US based pharmaceuticals group, and speculation is already growing as to a possible link up with Zeneca or Schering Plough.

Comment:

Announces interest in acquiring the remaining 50% of its joint sales venture w/ US-based Merck

Drugs & Pharmaceuticals, Pharmaceutical and Medicine Manufacturing, Sweden, Drugs, Astra AB

---

Computacenter link with Microsoft means 1,000 jobs

Article Abstract:

Microsoft has formed a joint venture with UK based computer services group, Computacenter, that is likely to create up to 1,000 new jobs in the UK. As part of the arrangement Computacenter is to target electronic commerce and knowledge management in order to attract new revenue. In return for this Microsoft is to provide the funds to train new staff to design and build systems which will be based on Windows NT.

Comment:

Forms JV w/ software giant Microsoft (US) that is likely to create up to 1,000 new jobs

United Kingdom, Software Publishers, Communication Software Pkgs, Microsoft Corp., Telecommunications software, Computacenter Ltd..

---

ALGERIA: GAS VENTURE FOR BP AMOCO

Article Abstract:

A natural gas project at the In Salah field in the Sahara desert is to be developed oil group BP Amoco and the Algerian state oil company. The US$ 2.5bn project is expected to supply 9bn cubic metres of gas per year.

Foreign operations, Crude Petroleum and Natural Gas Extraction, Algeria, Exploratory Onshore Gas Wells, Onshore Gas, Joint ventures, Natural gas, Gas industry, BP PLC, Natural gas exploration, Natural gas wells

Similar abstracts:

• Abstracts: Keeping the royal hangers-on afloat. Afloat on a sea of alcohol, the booze cruisers bid last farewell to duty-free
• Abstracts: Hidden desert marvels. A quiet flowering of desert tourism. The shop of the desert
• Abstracts: Psion shares crash as Microsoft moves in on palmtop market. The PC in your mailbox. Reuters needs to win on-line war
• Abstracts: Broker Exco reveals merger talks New MGAM unit Woolwich sets up as property dealer
• Abstracts: Name change as Park grows In Brief: Clubhaus grows Lack of skills forces change in training

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.