Rhodia boss addresses takeover talk

Article Abstract:

Jean-Pierre Tirouflet, the chief executive of French chemicals firm, Rhodia S.A., stated that a tie-up with another company was "not a priority" and he would be against any effort "to buy our assets on the cheap."

Basic Chemical Manufacturing, CHEMICALS AND ALLIED PRODUCTS, Specialty Chemicals, Management, Abstract, Specialty chemicals industry, Tirouflet, Jean-Pierre

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Aventis scrambles to find defense to takeover offer: bid is latest move in acquisitive career of Sanofi's Dehecq

Article Abstract:

Chief executive Jean-Francois Dehecq of Sanofi-Synthelabo S.A. has racked up 300 acquisitions in 3 decades of business experience. Dehecq's latest bid is for rival pharmaceutical firm Aventis S.A., which would create the third largest pharmaceutical company in the world.

Strategy & planning, Pharmaceutical preparations, Executive changes & profiles, Planning, Officials and employees, Pharmaceutical industry, Company acquisition/merger, Sanofi S.A., Aventis S.A., Company business planning, AVE, Dehecq, Jean-Francois

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Rhodia probe keeps dogging French official

Article Abstract:

Finance Minister Thierry Breton of France is under investigation as former director of Rhodia S.A., the specialty chemicals company in what has come to be called "Rhodiagate". The company is in litigation with Hughes de Lasteyrie concerning a $37.7 million investment loss and was also in litigation with Edouard Stern for an investment loss of 60 million Euro. Mr. Stern was murdered by his mistress in February 2005.

Legal issues & crime, Legal/Government Regulation, Economic aspects, Company legal issue, Cases, Investigations, Crimes against, Political aspects, Financial misrepresentations, Financial misrepresentation, Breton, Thierry, Lasteyrie, Hughes de, Stern, Edouard

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