Privatising distressed eastern German companies

Article Abstract:

Eastern German business transactions require competent financial advise, which is usually only available in the West. One of the firms helping East German firms to privatise is West Merchant Bank, which has an office in Berlin. The sale of East German integrated processor and semi-fabricator firm Mansfelder Kupfer und Messing was arranged by West Merchant in 1995, achieving an investment of 103 million pounds sterling. East German investments should be seen in both financial and economic terms, which benefit investor and the local economy.

Germany, Investments, Privatization, Privatization (Business), Mansfelder Kupfer und Messing, West Merchant Bank Ltd.

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A happy new year?

Article Abstract:

The 75 million pounds sterling sale of McQueen International to Sykes Enterprises was completed on December 31 1997. The transaction was one of the most complex sales undertaken in Scotland, involving legal and financial teams from both Scotland and the USA. McQueen International specialized in providing call centre support to the software industry on a global basis, employing over 1,000 people throughout the world. Sykes Enterprises provided support services to the IT industry with over 5,400 employees thought the US and Europe.

Computer services industry, Information technology services industry, Scotland, Sykes Enterprises Inc., SYKE, McQueen International

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Hungary: publishers in row

Article Abstract:

The Hungarian Office for Economic Competition has yet to give its approval for the acquisition of local telephone operator Jaztel by Hungarian telecommunications firms Matav. The acquisition had been planned for June 1998, and was expected to improve long-distance and business telecommunications in Hungary. Over 24 million pounds sterling was raised by architectural software house Graphisoft R&D when it floated on the Frankfurt Stock Exchange.

Finance, Acquisitions and mergers, Hungary, Matav Hungarian Telecommunications Co., Jastel, Graphisoft R&D

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