International rescue
Article Abstract:
Foreign firms play an important part in mergers and acquisitions in the Benelux region. Dutch companies, RJ Reynolds, Rothmans, Hoogovens and Benckiser have all been bought over by foreign companies in deals worth a total of $23 billion. The main Belgian companies have also been taken over. The Benelux countries are keen to have this foreign involvement because the Benelux market recognizes it has to expand abroad. Fortis bought Generale de Banque for $12.3 billion because it wanted a presence in Belgium so that it could compete against ABN Amro.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1999
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Bulge bracket strides ahead in march to Millennium
Article Abstract:
The European mergers and acquisitions market increased from over $245 billion in 1996 to more than $459 billion in 1999, with Morgan Stanley Dean Witter (MSDW) and Goldman Sachs remaining the two most dominant players in the market. Goldman Sachs has $539 billion worth of deals to its credit, while MSDW boasts $224 billion.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
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