Bell Atlantic eyes Europe merger fight

Article Abstract:

A failed $114 billion bid by Vodafone AirTouch for Germany's Mannesman has moved Bell Atlantic Corp to consider its own takeover attempt for the Dusseldorf-based telecommunications provider. Bell Atlantic's unsolicited bid comes as European telephone companies compete aggressively to establish themselves in the market for wireless services projected at $100 billion by 2003. Mannesman itself is closing a $33 billion acquisition of UK-based mobile phone service provider Orange in Nov 1999.

Asset sales & divestitures, Acquisitions & mergers, Germany, Telecommunications, Telecommunications industry, Mannesmann AG, Vodafone AirTouch

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Airbus comes of age with A-380

Article Abstract:

Airbus Industrie in Jun 2001 will unveil at the Paris Air Show its latest super-jumbo aircraft called the A-380. The $225-million plane can accommodate up to 800 passengers and measures 239 ft, 6 in in length, 261 ft, 10 in in wingspan and has a cruise speed of 550 mph. While Airbus continues to receive orders for the A-380, it has not yet received orders from a major US or Japanese airline, and the company is short of the 250 jets it must sell to break even on the project.

Product introduction, Aircraft, Aircraft Manufacturing, Commercial 4-Engine Jets, Airbus S.A.S., Jet airplanes, Multiple engine aircraft, Airbus A380 (Aircraft)

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Pernod prowls in the USA

Article Abstract:

French liquor conglomerate Pernod Ricard is on the lookout for bigger acquisitions in the US even if its $3.2-billion buyout of Seagram's has yet to be approved by federal regulators. Pernod Managing Dir Richard Burrows says Seagram's is not the end of the acquisition trail for the company. Burrows adds that Pernod is no longer interested in buying other wine companies, being the owner of the fast-growing Jacob's Creek brand in Australia.

Foreign operations, Liquor, Distilleries, Pernod Richard S.A.

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