Poland stands out from its neighbours

Article Abstract:

Since the collapse of communism, Poland has been able to adapt its economy to encourage foreign investment which reached $2 billion during the first six months of 1996. Poland is often the first choice for investors looking for investment possibilities in eastern Europe because of its economic stability, good labour force and large market for goods and services. Polish businesses have adapted to a western style of management and are aware of the need for profits. New investors from Japan and Korea are showing interest in Poland which will provide increased competition for companies from the west.

Foreign investments, Economic policy, Poland

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Show business steals the limelight

Article Abstract:

North American liberalisation of television station ownership regulations has paved the way for the formation of a huge new company, formed by CBS and Viacom for a deal price of $36 billion in September 1999. CBS Viacom is set to establish a new form of television and radio station ownership protocol, with others already seeking to enlarge their empires through the same route.

Mergers & Acquisitions, Television broadcasting stations, TV Stations, United States, Acquisitions and mergers, North America, Viacom Inc., CBS, VIA, CBS Broadcasting Inc., Television stations

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Neighbours finds a new home: the sale of Grundy Worldwide, best know in the UK as the producer of Neighbours, contained many of the ingredients of a daytime soap opera

Article Abstract:

The Pearson Television acquisition of Grundy Worldwide was based on a trade sale rather than an initial public offer (IPO) process. The trade sale was totally cash for 100% control, wheareas the IPO was part shares and part cash, with Reg Grundy maintaining an equity of 51%.

Television broadcasting, Pearson Television Ltd., Grundy Worldwide

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