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  • London firm in Irish association
    The City firm Kennedys has formed an association with Dublin firm O’Connor Walshe as part of a strategy to provide legal advice throughout Ireland.
    January 01 1999
  • $70 billion Astra and Zeneca merger
    On December 9 pharmaceutical groups Astra of Sweden and Zeneca of the UK announced that they are merging in a deal which will create Europe’s largest pharmaceutical group with a market capitalization of $70 billion. The deal is Europe’s largest ever merger.
    January 01 1999
  • KPN and Qwest to form Europe’s biggest internet traffic network
    Dutch communications utility KPN, and US communications carrier Qwest are joining forces to put $700 million-worth of fibreoptic links into a network that will provide internet links across Europe. The venture, named KPN Qwest, will start in January. The companies plan to spend $500m more on the project in the next two years.
    January 01 1999
  • Stephenson Harwood in Brussels joint
    UK law firm Stephenson Harwood is to join forces in Brussels with Italian firm De Berti Jacchia Perno & Associati and Paris firm Barbé Carpentier Thibault Groener. The firm’s association with France’s largest law firm, Fidal, part of the KPMG legal network, is over. In its new association Stephenson Harwood plans to look at joint business
    January 01 1999
  • Telekomunikacja Polska IPO raises $930 million
    The Polish government has completed the second stage of its sale of a 15% stake of Telekomunikacja Polska SA (TPSA), the state telecoms company.
    January 01 1999
  • Italy
    Transparency requirements
    January 01 1999
  • UAE
    Interest on deposit
    January 01 1999
  • Singapore
    Asia PacificCompanies Act amended
    January 01 1999
  • Universal approval
    The European Commission has approved Bertelsmann's sale of its BMG Music Publishing business to Universal under the EC Merger Regulation.
    December 30 1998
  • Akzo Nobel issues Dm1 billion bond
    Dutch pharmaceutical and chemicals company Akzo Nobel has launched a Dm1 billion ($604 million) Eurobond, one of the first by a single-A credit rated company since the devaluation of the Russian rouble in August and the following credit crisis. The offering is also the first Akzo Nobel has made in the Deutschmark market. Senior banking associate, Grant Jenkins, of Dutch law firm Loeff Claeys Verbeke represented the lead managers ABN Amro (Germany) and Warburg Dillon Read.
    December 01 1998
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