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  • Halliburton turns to Vinson & Elkins
    Halliburton, the Texas-based oilfield services group, has made a $7.7 billion bid to buy rival company Dresser Industries.
    March 31 1998
  • Clifford Chance assists with insurance merger
    Insurance and asset management groups Commercial Union and General Accident have agreed to merge in a deal worth $12 billion. Clifford Chance in London is representing General Accident. Tax partner Douglas French heads the tax team.
    March 31 1998
  • EU tax cases – extracting the essence
    How should the EU Merger Directive be interpreted? Is national tax legislation subject to EU enshrined freedoms? Pascal Faes, Van Bael & Bellis, Brussels, considers how the European Court of Justice shed light on these and other issues in 1997
    March 31 1998
  • US tax cases – the review of the year
    Joel Williamson and Gregory Barton of Mayer, Brown & Platt in Chicago, look at ten US tax cases handed down during 1997 with implications for international tax planning of which multinationals need to take note
    March 31 1998
  • Solred SA and Administración General del Estado
    Directive 69/335/EEC — Duty charged on documents recording the contribution of a part of the share capital.
    March 05 1998
  • Cravath advises on Homestake acquisition
    Homestake Mining is to form the third-largest gold producer based in North America with the takeover of Australian company Plutonic Resources. The deal is worth £384 million ($640 million). Plutonic is Australia's third-largest gold producer, and the deal is the latest example of consolidation among the country's mining companies.
    March 01 1998
  • Europe maps out tax boundaries of Emu
    On January 29 1998, the under-secretary of finance submitted a letter to the Dutch parliament in which he described the fiscal aspects of the introduction of the Euro. This letter will form the basis for the preparation of relevant legislation. The main conclusions are described below.
    March 01 1998
  • Linklaters advises on £8 billion Eurotunnel debt restructuring
    UK firm Linklaters is advising the four agent banks involved in the recently signed £8 billion ($12.8 billion) Eurotunnel debt restructuring. The deal involved a syndicate of almost 200 banks.
    March 01 1998
  • Coopers & Lybrand/Price Waterhouse joint opinion
    Glaxo Wellcome is set to acquire Polish medicine manufacturer Polfa Poznan following a successful competitive tender with the Ministry of State Treasury in Poland. The £133 million ($220 million) deal will make Glaxo Wellcome the largest pharmaceutical company in Poland.
    March 01 1998
  • Davis Polk advises on Thermadyne acquisition
    DLJ Merchant Banking Partners II is to acquire an 82% stake in Thermadyne Holdings based in St Louis, USA. Thermadyne is the world's fourth-largest manufacturer of welding and cutting equipment, and operates 14 manufacturing plants in the US, Europe, Asia and Australia. The deal is worth $790 million.
    March 01 1998
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