Reversal of fortune

Article Abstract:

Some 38 UK firms have been purchased by US companies during Jan-Sept 1997, at a cost of 1.2 billion pounds sterling. European countries, outside the European Union, have purchased 125 million pounds sterling worth of UK companies, in the same time period. Financial advisors Goldman Sachs and Co. rose from tenth position of UK transaction values, during 1996, to first place in Jan-Sept 1997. Goldman Sach's transactions reached a value of 6,976 million pounds sterling. Acquisitions of UK companies has grown to 1,290 but the value fell to 35,228 million pounds sterling, during Jan-Sept 1997.

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Talking telephone numbers

Article Abstract:

Telecommunications company, Powernet Telecom, which was started in 1993, plans to forge partnerships with major players such as Sun Microsystems, Cisco and Marconi so that it can operate globally.

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German corporates force the pace

Article Abstract:

An overview of the German mergers and acquisitions market is presented. The German government's plans to change tax laws to ease transactions across sectors is discussed.

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