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Spain
New regulations on foreign investment
June 30, 1999
Italy
Novelties in the regulations on offering circulars for listing of securities
June 30, 1999
Commission outlines action plan for single financial market
A series of policy objectives and specific measures to improve the single market for financial services over the next five years have been outlined in the Financial Services Action Plan adopted at the start of May by the European Commission
June 30, 1999
Wal-Mart buys Asda
Wal-Mart, the world’s largest retailer, has bid £6.7 billion ($10.8 billion) in cash for UK supermarket chain Asda.
June 30, 1999
Supplementary pension schemes: Commission communication
At the start of May, the Commission adopted a communication setting out a series of initiatives designed to enable supplementary pension schemes to benefit from the single market and the euro.
June 30, 1999
Tyco buys Raychem for $2.9 billion
Bermuda-based Tyco, one of the world’s leading underwater telecommunications providers, is to buy Raychem, a US company that designs, manufactures and distributes electronic components, for $2.87 billion
June 30, 1999
Commerzbank moves into Italian asset management
Commerzbank is the first big European bank to set up an asset management group in Italy under new rules adopted in 1998. Gianluca Santilli and Andrea Marino of Santilli e Associati are advising the bank and describe the structure
June 30, 1999
Commission predicts further mergers in the financial sector
At the start of June, the Commission published its Annual Report on Competition Policy
June 30, 1999
Canada
Canadian economic performance at the end of the twentieth century
June 30, 1999
Germany (2)
The German Tax Reform Act 1999 By Dr Felix Klinger of Schitag Ernst & Young, Frankfurt
June 30, 1999
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