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  • France addresses market concerns on private placements
    Serge Durox of Coudert Frères, Paris, assesses the impact of new regulations on private placements and identifies the outstanding issues for prospective borrowers
    May 31 1999
  • Brazil
    Latin America-Brazilian natural gas company sold at a premium of 119%
    May 31 1999
  • The Netherlands
    Europe-Securities guidelines on the use of analysts’ reports
    May 31 1999
  • Denmark
    Europe-Internet transactions may be conducted by use of The Dankort
    May 31 1999
  • Hungary
    Europe-Valuation of non-cash contributions in Hungarian companies
    May 31 1999
  • Local hires the key to success in Hungary
    With the biggest privatizations over, international law firms in Hungary can no longer rely on highly profitable deals which require western legal know-how. As the market matures, the emphasis is on local law expertise. Rob Mannix reports
    May 31 1999
  • Lehman unit to buy Blount International
    The merchant bank unit of Lehman Brothers Holdings is to buy Blount International, a manufacturer of tree-harvesting machinery, for $1.4 billion in cash and assumed debt.
    May 31 1999
  • Renault and Nissan in $5.4 billion merger
    France’s Renault and Japan’s Nissan are combining to create the world’s fourth largest car maker. Renault is taking a 36.8% stake in Nissan Motor, and a 22.5% stake in Nissan Diesel, the company’s truck division. All funds will have been transferred by the end of May. The new company will produce five million vehicles per year.
    May 31 1999
  • China unveils unified contract law
    China’s new contract law is a historic piece of legislation for investors and their counsel as China builds towards a market economy. Lam Wing Wo of Deacons Graham & James, Hong Kong examines the regulations which come into force in October
    May 31 1999
  • Cutting Edge-Telecom Italia to merge
    Deutsche Telekom and Telecom Italia are to form the world’s second largest telecommunications company in what they describe as a merger of equals. The merger will be achieved through a stock swap with Deutsche Telekom shareholders owning 57% of the new company. The German government is selling part of its 72% stake in Deutsche Telekom and will hold a 40% stake in the merged company.
    May 31 1999
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