BP Amoco signs 4.91 billion euros deal for lubricants maker Burmah Castrol

Article Abstract:

BP Amoco PLC has reached an agreement to acquire Burmah Castrol PLC. BP Amoco will pay 3 billion pounds (4.91 billion euros) to acquire the lubricants manufacturer.

Basic Chemical Manufacturing, Industrial Organic Chemicals, Organic Chemicals, Chemical industry, BP PLC, Organic compounds, Burmah-Castrol PLC

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Hess Agrees To Acquire Lasmo In $3.5 Billion Deal

Article Abstract:

New York, NY-based Amerada Hess Corp. will acquire Lasmo PLC for $3.5 billion in cash and stock. The deal, which provides Amerada Hess with a greater global reach, also will increase Hess' oil and gas reservces from 1 billion barrels to 1.83 billion barrels.

United States, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum & Natural Gas, Natural gas, Gas industry, Amerada Hess Corp., AHC, Eni LASMO PLC

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TotalFina to acquire Elf in sweetened bid valued at 47 billion euros

Article Abstract:

TotalFina SA has reached an agreement to acquire Elf Aquitaine SA. The deal will make TotalFina the fourth-largest oil firm in the world. The deal brought a contentious takeover fight to an end. TotalFina increasd its all-share offer for Elf by as much as 9.2%. The higher bid brought Elf's value up to 47 billion euros. Under the terms of the deal, both companies will have equal representation on the combined firm's executive committee and board.

Comment:

TotalFina SA reaches agreement to acquire Elf Aquitaine

France, Abstract, TOTAL S.A., Elf Aquitaine S.A.

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