Technip succeeds in takeover bid for rival Coflexip

Article Abstract:

Technip succeeded in a Euro3.5 billion takeover of its rival, Coflexip. The deal puts Technip among the top 10 engineering and oil-services firms in the world. The merged company will combine the refinery services of Technip with the offshore oil services and pipemaking operations of Coflexip.

Heavy construction, not elsewhere classified, All Other Heavy Construction, Heavy Construction NEC, Laminated Plastics Plate, Sheet, and Shape Manufacturing, Reinforced, Laminated Plastics, Construction industry, Heavy construction, Plastics industry, Technip S.A., Coflexip S.A.

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Beghin-Say's CEO dismisses rumors company is for sale

Article Abstract:

The chief executive of Beghin-Say, Jerome de Pelleport, denied reports that the company was being put up for sale. Beghin-Say is the second-largest producer of sugar in the world.

Strategy & planning, Sugar and Confectionery Products, Sugar & Confectionery Products, Sugar and Confectionery Product Manufacturing, Planning, Sugar industry, Sweeteners, Beghin-Say S.A.

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Tetra Laval to acquire Sidel for cash, credit

Article Abstract:

Tetra Laval has reached a deal to acquire Sidel SA for 1.7 billion euros. The deal comes after Tetra Laval posted a 67% drop in net profits for the 2000 year.

Foreign operations, Sweden, Paperboard Containers, Paperboard Container Manufacturing, Paperboard Containers and Boxes, Paper products industry, Container industry, Tetra Laval Group, Sidel S.A.

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