EU to open in-depth probe of Linde's Aga deal

Article Abstract:

The European Commission (EC) announced that it would begin a in-depth probe into Linde AG's planned takeover of Aga, a industrial gas company based in Sweden. The EC raised concerns about the possibility that Linde might acquire a strong position in German, Dutch, and Austrian industrial gas markets. Markets in Finland, Sweden, Norway, and Iceland could be affected by the merger as well.

European Union, Sweden, Public affairs, Industrial Nonbldg Constructn, Industrial Nonbuilding Structure Construction, Industrial Gas Manufacturing, Industrial Gases, Industrial construction, Gases industry, Industrial gases industry, Linde AG, AGA

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Behind the Books; Holzmann's woes can't all be tagged on former managers; audits, board minutes show company had problems besides 'criminal activity;' Deutsche Bank's special role

Article Abstract:

This relatively long article chronicles the problems facing the giant construction firm, Philipp Holzmann AG, dating back to March of 1997. Chancellor Gerhard Schroeder's proclamation that he saved the firm from bankruptcy may have been political rhetoric.

Nonbuilding Construction, Highway, Street, Bridge, and Tunnel Construction, Finance, Profits, Philipp Holzmann AG, Deutsche Bank AG, Bankruptcy, Corporate profits, Schroder, Gerhard (German chancellor)

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Central Asia, finding U.S. unfulfilling, turns again to an old flame, Russia

Article Abstract:

Kazakhstan is turning back to Moscow to seek partnership in oil and gas pipelines construction. There is a growing trend among the Central Asian republics to look back to the old powerhouse as Washington's promises of support remain largely unfulfilled.

Water, sewer, and utility lines, Pipeline Construction, Water, Sewer, and Pipeline Construction, Kazakhstan, Russia, Statistical Data Included, Pipelines, Brief Article, Petroleum, Natural gas, Natural gas pipelines, Petroleum pipelines

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