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  • Gedeon Richter global offering
    The Hungarian privatization and state holding company (APV Rt) and Hungary-based pharmaceuticals manufacturer Gedeon Richter have completed a US$220 million global and domestic offering of Richter shares and GDSs. In conjunction with the offerings, Richter also increased its share capital by US$50 million. The transaction is one of the largest secondary offerings in central and eastern Europe.
    September 30, 1997
  • Freehill and Parker complete merger
    The Perth office of Australian firm Freehill Hollingdale & Page has completed its merger with Perth rival Parker & Parker. The office will use the Freehill name. "There was a very strong business case for our firms to merge," says Peter Mansell, managing partner of Freehill Hollingdale & Page Perth. "Our aim is to provide eastern states expertise and depth at Western Australian rates. There will no longer be the need for Western Australia corporates to take legal advice in the east."
    September 30, 1997
  • Korea’s legal culture begins to change
    The modest Korean legal market looks unlikely to have to face competition from abroad just yet, despite the government’s public commitment to globalizing the economy. Nick Ferguson reports
    August 31, 1997
  • Italian Futures Market faces privatization
    The law implementing the Investment Services Directive in Italy will have an additional impact on MIF, the Italian Futures Market – it will be privatized. By Piero Salera of Pavia e Ansaldo, Rome
    August 31, 1997
  • Calenergy fails in bid for NY State Electric and Gas
    International independent power producer Calenergy failed in its US$1.92 billion bid for regional electricity and gas supplier New York State Electric and Gas Corp.
    August 31, 1997
  • What attracts and keeps laterals
    The most important consideration for a laterally hired partner in choosing his or her new firm is not the level of compensation he or she will receive. Indeed, this consideration is placed fifth out of seven significant factors according to a survey by US lawyer search consultants Major, Hagen & Africa.
    August 31, 1997
  • Mining: Canada leads in mining finance
    Fasken Martineau, London and Toronto
    August 31, 1997
  • Philippines
    The Revised Securities Act (RSA) Full Disclosure Rules (the Rules) became effective on October 7 1996. The Rules establish an integrated disclosure system for registration statements (RS) and other reports which must be filed with the Philippine Securities and Exchange Commission (SEC) and distributed to the investing public.
    August 31, 1997
  • Royal Caribbean Cruises buys Celebrity Cruise Lines
    Royal Caribbean Cruises has bought Celebrity Cruise Lines in an amicable takeover worth US$1.3 billion. This deal makes the company the second largest US- based cruise line.
    August 31, 1997
  • Finland
    In August a government committee published its report on the proposed reorganization of Finnish government financing institutions.
    August 31, 1997
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