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  • New pledge system
  • Foreign issuers conducting roadshows on the internet need to take heed of the US regulatory environment. Robert Mullen of Milbank, Tweed, Hadley & McCloy LLP provides guidance on the key issues affecting concurrent SEC-registered and offshore offerings
  • Davis Polk & Wardwell is advising on its second recent high-tech merger (see Network Solutions). The US firm is advising Mission Critical Software on its intended merger with NetIQ Corporation. Both companies are valued at $1.4 billion in what they describe as "a merger of equals".
  • BP Amoco announced in mid-March that it will buy Burmah Castrol for $4.7 billion. Once the deal is concluded, Castrol will become its leading lubricants brand and will provide BP Amoco with subsidiary outlets in 55 countries around the world.
  • MGM Grand is to buy Mirage Resorts for $4.4 billion in a deal announced on March 7 2000. It will create the second-largest betting company in Las Vegas, behind Park Place Entertainment, which was formed at the end of 1998 by the Hilton Hotels Corporation.
  • By Lech Zyzylewski of Wierzbowski & Szubielska, Warsaw
  • By Jo Rodin of Andersen Legal, Oslo By Jo Rodin of Andersen Legal, Oslo
  • By Ewout J Stumphius and François MBK Hoenjet of Loyens & Loeff, Rotterdam
  • A few lessons from recent Italian takeover contestsBy Studio Legale Bisconti, Milan and Rome
  • Regulatory aspects of mergers and acquisitionsBy Ravinder Nath of Rajinder Narain & Co, New Delhi