Lai seeks to ride cyberwave

Article Abstract:

Controversial Hong Kong tycoon Jimmy Lai has acquired Paramount Publishing Group to serve as his stepping stone in listing his holdings in the stock exchange through the back door. Under the deal, Lai's Next Media International Holdings would inject its Web sites and weekly magazine to Paramount. In return, Next will have a 67% stake in the company. Minority stockholder rights will be accorded to Seapower International, the original stakeholders in Paramount. The backdoor listing has been viewed by Lai as a way to raise additional funds for his combined businesses.

Author: Wonacott, Peter
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
United States, Diversified Companies, Asset sales & divestitures, Hong Kong, Printing & Publishing, Holding companies, Printing industry, Next Media International Holdings, Paramount Publishing

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REPSOL

Article Abstract:

The efforts of Repsol of Spain to acquire Yacimientos Petroliferos Fiscales of Argentina is discussed in detail.

Publisher: Thomson Financial Inc.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1999
Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, Argentina, Spain, Crude Petroleum & Natural Gas, Petroleum industry, Natural gas, Gas industry, Repsol-YPF S.A. (Buenos Aires, Argentina), Repsol Petroleo S.A., YPF S.A.

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Subjects list: Mergers, acquisitions and divestments
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