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  • Finland
  • By Ira M Millstein of Weil, Gotshal & Manges LLP, New York
  • By Michael S Francies of Weil, Gotshal & Manges LLP, London
  • Dr Lorenzo Olgiati LLM, Schellenberg Wittmer Zurich
  • By Juhani Mäkinen of Hannes Snellman Attorneys at Law, Helsinki
  • By Stephen Walters of Simmons & Simmons, Paris
  • By Matthew Wong, CMS Cameron McKenna, Hong Kong
  • By Kartini Muljadi & Rekan, Jakarta
  • Telewest Communications and Flextech have announced that they intend to merge. The two companies have approximate market capitalizations of £10.1 billion ($16 billion) and £2.5 billion respectively.
  • The Commonwealth Bank of Australia announced last month that it intends to buy Colonial Limited for $5.7 billion. The combined group will be among Australia's market leaders for lending deposits and asset management. It will also become the country's third largest issuer of new life insurance premiums.