Bayer to sell $2.13 million of Agfa stock

Article Abstract:

Bayer AG is planning to sell two billion euros ($2.13 billion) worth of its Agfa-Gevaert NV shares. Agfa is a photo-imaging unit of Bayer. The unit's initial public offering (IPO) is scheduled to take place on June 1, 1999. The IPO will be one of the largest to take place in Germany's history and the largest in Belgium as of May 1999. Bayer is planning to sell off 70 million shares of Agfa.

Comment:

Bayer to sell two billion euros ($2.13 billion) worth of its Agfa-Gevaert NV shares

Photographic and Photocopying Equipment Manufacturing, Asset sales & divestitures, Organizational history, Chemicals & Allied Products, Chemical Manufacturing, Belgium, Photographic Equip & Supplies, Chemicals, Abstract, Bayer AG, Photographic industry, Agfa Belgie N.V.

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SAG's pretax profit rises by 35% as it looks to IPO. (Software AG)

Article Abstract:

Germany's database software vendor Software AG reports a 35% increase in its earnings for 1998. Early earnings report show an increase of $50 million in pretax profits. Software AG plans an initial public offering during the second quarter of 1999. It plans to sell to the public 15 million shares, considered half of its stock .

Prepackaged software, Software Publishers, Germany, Financial management, Database Mgmt Software Pkgs (Micro), Computer software industry, Software industry, Finance, Marketing, DBMS software, Software AG Americas Inc.

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Health Insurers' new target

Article Abstract:

The health insurance industry is targeting the 45 million Americans without health insurance. Market research explains that these potential customers view health insurance coverage as too costly, seemed to offer little value for the expense and were frustrated by the complexity of trying to find the right plan.

United States, Forecasts, trends, outlooks, Marketing procedures, Research Findings, Securities issued, listed, Medical Service and Health Insurance, Industry Overview, Marketing research, Health insurance industry, Company securities, Industry forecasts, Market research

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