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  • The Foreign Corrupt Practices Act goes global
    The OECD’s Convention on bribery of foreign officials enters into force this month. As a result the US has made some significant amendments to the Foreign Corrupt practices Act. By Bruce Yannett and Leigh Schachter of Debevoise & Plimpton, New York
    February 01 1999
  • China
    Decision making in joint venture companies
    February 01 1999
  • Uruguay
    Guidelines for private placements
    February 01 1999
  • Swedish sale of P&U stake
    The Swedish government has sold its remaining 7% stake in the US/Swedish pharmaceutical company Pharmacia & Upjohn (P&U).
    February 01 1999
  • Stage Three of Emu: the euro is launched
    The euro was launched by 11 of the European Community’s 15 member states on January 1 1999
    February 01 1999
  • BAT $8.6 billion acquisition of Rothmans
    British American Tobacco (BAT) has announced that it will acquire Rothmans for $8.6 billion
    February 01 1999
  • AMP’s NPI $4.3 billion acquisition
    Australian insurance group AMP is acquiring NPI, the former troubled UK life mutual, in a deal valued at £2.7 billion ($4.3 billion).
    February 01 1999
  • Sports securitization takes off with Italian football issue
    AC Fiorentina, the Italian football league leader, is aiming to imitate its on-the-field success with a bond issue worth L67.5 billion ($40.3 million)
    February 01 1999
  • Post Office buys German Parcel
    The UK Post Office has announced its first big foreign acquisition with the purchase of German company German Parcel Paket-Logistik
    February 01 1999
  • Finland sells $1.15 billion stake in Fortum
    The Finnish government has cut its stake in energy company Fortum Corporation in a series of transactions with a total value of $1.15 billion
    February 01 1999
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