The Spanish government agreed to a joint...

The Spanish government agreed to a joint venture between the country’s telephone company and AT&T; Technologies for a $200-million microchip plant in Madrid . . . Kohlberg Kravis Roberts & Co., through its SCI Holdings subsidiary, completed its previously announced buy-out of Storer Communications . . . Shares in the Laura Ashley fashion and furnishing group opened at $2.85, far above their issue price of $1.98, when they made their debut on the London Stock Exchange . . . International Business Machines has reached an agreement in principle to buy Uniroyal Inc.’s corporate headquarters in Middlebury, Conn., for an undisclosed price . . . Formal talks aimed at resolving the world’s tin crisis were adjourned for four days, but delegates at the International Tin Council meeting in London will continue discussions informally in the interim . . . The Investment Company Institute reported that the assets of the nation’s 355 money-market mutual funds fell $179.5 million in the week ended Dec. 4.