Business
The major telephone companies of Britain, Japan and Germany are discussing a joint venture that would serve international business customers.
April 6, 1991
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June 25, 2023
The industrial conglomerate BTR PLC launched a takeover bid today for Hawker Siddeley Group PLC that values the British engineering company at $2.6 billion (1.5 billion pounds).
Sept. 21, 1991
A group led by U.S. corporate financiers Wasserstein Perella & Co. said today it has made a friendly $3.48-billion cash offer for Gateway Corp.
July 10, 1989
Grand Metropolitan PLC, London, named Ian Martin, currently head of its Minneapolis-based Grand Metropolitan Food Sector that includes the Pillsbury Co. and Burger King, to the additional post of deputy group chief executive of Grand Metropolitan PLC.
March 6, 1991
BTR Launches Bid for Norton: British industrial conglomerate BTR PLC launched a surprise $1.64-billion cash bid for Massachusetts plastics and ceramics group Norton Co., one of the first major takeover offers in a quiet year for mergers and acquisitions.
March 17, 1990
Britain’s industrial conglomerate BTR PLC today launched a surprise $1.64-billion cash bid for Massachusetts-based plastics and ceramics group Norton Co., one of the first major takeover bids in a quiet year for mergers and acquisitions.
March 16, 1990
An investor group led by financier Sir James Goldsmith today sold a 29.8% stake in Rank Hovis McDougall PLC for the equivalent of $594 million, a loss of $17 million, the group and its brokers said.
Jan. 31, 1991
The price of Ogilvy Group Inc. stock soared $16 a share in early trading on Wall Street today after the U.S. advertising company gave a cool response to a $725-million takeover offer from Britain’s WPP Group PLC.
May 1, 1989
Lloyd’s Bank PLC, said it agreed to merge its financial services arm with Abbey Life Group PLC in return for a majority stake in the British-based life assurance company.
Oct. 21, 1988