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  • The general principles governing a lead manager's duties under Belgian law were confirmed by the Brussels' commercial court on February 10 2000.
  • Baker & McKenzie has advised on the latest stage in the privatization of Poland's Telekomunikacja Polska (TPSA). The deal is the second round in the sell-off of the company, under which a 35% stake was bought by a consortium of France Telecom and Kulczyk Holding. At $4.3 billion, the deal is eastern Europe's largest privatization and mergers and acquisitions transaction to date.
  • Brazilian oil company Petroleo Brasileiro, known as Petrobras, has completed the country's largest ever international equity issue. The deal, one of the biggest ever stock sales in Latin America, was a coup for Mattos Filho, Veiga Filho, Marrey Jr, Moherdaui e Quiroga Advogados, the only national firm involved in the deal.
  • The head of Cameron McKenna's Hong Kong corporate finance practice, along with several of his team, is heading for Brown & Wood. According to Cameron McKenna, the firm is refocusing its corporate practice in an attempt to win more lucrative cross-border M&A and securities deals.
  • Michael Taylor, Norton Rose
  • Rodrigo Nascimbeni of Pinheiro Neto - Advogados reviews the new rules and prospects for the BDR market
  • The interaction between the internet and world stock markets is easily seen in the fortunes made (and lost) from volatile dot.com shares. But as Nancy Leigh of Baker & McKenzie, Hong Kong, explains, the net is also helping reshape the structure of the securities industry
  • In July, following an investigation by the European Commission merger authority, Industri Kapital, a Scandinavian venture capital group, was given clearance to continue with its acquisition of Dyno, a Norwegian chemicals and explosives company. Although, outside the industry, this may not be considered newsworthy in itself, what is interesting is that Industri Kapital was only given the go-ahead subject to divestiture, which is unusual for venture capital groups. The principal concern of the the timber processing industry in Finland was that, as Industri Kapital was already dominant in the supply of formaldehyde and production of resin in Finland, the acquisition of Dyno would lead to a virtual monopoly in these areas.
  • Law firms in Germany are rubbing their hands at the prospect of the London and Frankfurt iX merger, and many have been limbering up over the last six months with a host of landmark deals. Rufus Jones reports from Frankfurt
  • US Federal Reserve Board: Humphey-Hawkins Report By Chairman Alan Greenspan of the US Federal Reserve Board