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  • 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
  • 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
  • Weil Gotshal lures Wilde Sapte partner
    The London office of US firm Weil Gotshal & Manges has recruited partner Bruce Johnston from UK firm Wilde Sapte to boost its project finance capability.
    June 30 1999
  • Clifford Chance’s fees under scrutiny in Hong Kong
    Clifford Chance is under investigation in Hong Kong after charging HK$18.7 million ($2.4 million) for its role in the winding up of Peregrine.
    June 30 1999
  • Italy
    Novelties in the regulations on offering circulars for listing of securities
    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
  • The Netherlands
    Electronic platform for Dutch government bonds
    June 30 1999
  • Comment
    Will an annual risk assessment audit become essential for a listed company? Eversheds partners Robin Johnson and Jonathan Sinclair argue that the Turnbull report* will create such a role for lawyers
    June 30 1999
  • Georgia-Pacific buys Unisource
    US holding company Georgia-Pacific is acquiring North America’s largest paper distributing and marketing company, Unisource
    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
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