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  • Australian Review
    Neutrality limits review options
    November 01 1999
  • Ineos consults Freshfields
    The UK chemicals company ICI has sold its acrylics business in Belgium to Ineos Acrylics for $847 million.
    November 01 1999
  • Racal goes
    The international telecommunications network Global Crossing has bought the UK company Racal Telecom for $1.7 billion. Global Crossing, a US company based in Bermuda, outbid the US company Energis for Racal, and will use the deal to strengthen its presence in the UK.
    November 01 1999
  • Sullivan & Cromwell helps to combine chemical companies
    The $11.6 billion deal between US companies Union Carbide and Dow Chemicals is near completion, with Union Carbide shareholders voting on the merger on December 1.
    November 01 1999
  • Herbert Smith advises Bank of Scotland
    The Bank of Scotland has launched a £20.85 billion ($34.7 billion) hostile bid for the UK's National Westminster Bank (NatWest). The surprise offer comes one month after NatWest agreed to pay £10.8 billion ($17.4 billion) for the life assurer Legal & General.
    November 01 1999
  • Irell & Manella advises Vulcan
    Vulcan Ventures has invested $1.65 billion in RCN, the New Jersey-based telecommunications company. The investment group, which was established in 1986 by Microsoft co-founder Paul Allen, is helping RCN extend its residential network across the US.
    November 01 1999
  • Davis Polk conducts Merrill Lynch deal
    Davis Polk conducts Merrill Lynch deal
    November 01 1999
  • Ernst & Young advises on Nestlé sell-off
    Nestlé has agreed to sell its European frozen food business to a Swedish-US investment group.
    November 01 1999
  • Skadden, Arps Advises Williams Communications
    Williams Communications Group, the US internet and data provider, has launched a $783 million public offering of shares, as well as $2 billion worth of high-yield notes.
    November 01 1999
  • Cravath works on Worldcom merger
    The US communications companies MCI WorldCom and Sprint have merged in a $129 billion deal. Under the terms of the deal, one share of Sprint will be exchanged for $76 of WorldCom common stock. The merger will be tax-free for shareholders.
    November 01 1999
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