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  • 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
  • China (2)
    The Gitic Fallout By Koo & Partners of Kong Kong & Beijing
    June 30, 1999
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