The Daily Deal articles from September 2001

The Daily Deal archives from September 2001

Hynix secures $4.4 billion debt restructuring.(Hynix Semiconductor Inc.)(Brief Article)
September 3, 2001... Byline: Michael Baker in Seoul Creditor banks to Hynix Semiconductor Inc., the world's third-largest semiconductor manufacturer, have evidently decided that a $4.4 billion debt restructuring and new money is preferable to pushing the...

BT moves toward separate stock listing.
September 3, 2001... Byline: Nicola Hobday LONDON -- The wireless unit of British Telecommunications plc is moving toward a separate stock market listing, which is expected in the middle of November, and had been renamed Monday as part of its demerger from the...

British Vita to unload Spartech stake.(Brief Article)
September 3, 2001... Byline: Nicola Hobday LONDON -- U.K. rubber foam manufacturer British Vita plc said Monday it plans to sell its 46% stake in Clayton, Mo.-based Spartech Corp., which is worth about [pound]190 million ($276 million). The sale is expected to...

KPN messy after brace of announcements.(Royal KPN NV )(Brief Article)(Statistical Data Included)
September 3, 2001... Byline: Nicola Hobday and Brian Cattell Debt-laden Royal KPN NV delivered investors a second blow Monday when the Dutch telco warned it may not raise as much as anticipated from the sale of its non-core assets. The news followed Friday's...

@ Home listing as Comcast jumps ship.
September 3, 2001... Byline: David Shabelman Throughout its downward arc as an Internet company, @ Home Corp.'s one bright spot has been its broadband business, which has grown steadily and remains the company backbone. But that may be changing. On...

Diageo sells liquor businesses.(Brief Article)
September 3, 2001... Byline: Laura Board In the latest in a series of disposals of minor liquor brands, London-based Diageo plc said Monday it sold its Croft and Delaforce port and sherry businesses to Spain's Gonzalez Byass SA and Portugal's Taylor Fonseca SA...

Adger Energi sells 49% stake to Statkraft.(Brief Article)
September 3, 2001... Byline: Jonathan Braude Norwegian hydro-electric power producer and distribution network Agder Energi has agreed to sell state-owned electricity producer Statkraft SF up to 49% of its shares for about $700 million dollars. Agder...

Santa Fe to buy Global Marine for $3.9B.(Santa Fe International Corp. )(Brief Article)
September 3, 2001... Byline: Charles Sisk Santa Fe International Corp. is acquiring rival drilling company Global Marine Inc., a spokeswoman said Monday. Santa Fe International has agreed to pay $3 billion in stock and to assume $900 million in Global...

Blue Dolphin gets rest of ARO.(Brief Article)
September 4, 2001... Houston oil and gas explorer Blue Dolphin Energy Co. said Friday it agreed to acquire the 23% it doesn't own of American Resources Offshore Inc., also of Houston, for 327,000 shares of stock recently worth $1.27 million. In December 1999, Blue...

Favonius Insight Ventures.(Brief Article)
September 4, 2001... Amsterdam-based Favonius Insight Ventures has announced plans to raise a $200 million technology fund. The fund will invest in enterprise software and business-to-business wireless companies. Seed capital of $77 million already has been raised...

Fuji Photo set to get Prime Source.(Brief Article)
September 4, 2001... PrimeSource Corp., an ailing Pennsauken, N.J., distributor of printing products such as film, scanners, plates and paper, said Friday it expects Fuji Photo Film U.S.A. Inc. to buy it out for about $63.6 million. Under the terms, Fuji Photo...

Hurricane takes pipeline stake.(Brief Article)
September 4, 2001... Calgary, Alberta-based Hurricane Hydrocarbons Ltd. has agreed to acquire an interest in the Caspian Pipeline Consortium for $100 million from Amoco Production Co., a subsidiary of BP plc. Under the deal, Hurricane would become a 49.9% joint...

Icx Electronics.(Brief Article)
September 4, 2001... San Clemente, Calif.-based Icx Electronics Inc. withdrew its $11.5 million initial public offering. In a withdrawal letter dated Aug. 24 to the Securities and Exchange Commission, Gary E. Lotzer, the chairman and chief executive officer of Icx,...

Invader Exploration acquiring natural gas assets.(Brief Article)
September 4, 2001... Calgary, Alberta-based Invader Exploration Inc. said Friday it has agreed to acquire various producing and shut-in natural gas properties in the Arkoma Basin in Oklahoma and Arkansas from Calgary-based Hampton Court Resources Inc. Under the...

Lithia Motors finishes takeover of Idaho dealership.(Lanny Berg Chevrolet)(Brief Article)
September 4, 2001... Lithia Motors Inc., a Medford, Ore., operator of auto showrooms, said Friday it has completed its $1.7 million cash acquisition of Lanny Berg Chevrolet in Caldwell, Idaho. Lithia said its new showroom, which is 20 miles west of Boise, would...

MUV Technologies.(Brief Article)
September 4, 2001... Animation and motion graphics company MUV Technologies Ltd. of Madras, India, has tapped 27 million rupees ($572,398) in funding from financial company Industrial Development Bank of India, in exchange for 30% equity stake in MUV, according to...

N.J. recommends GPU-FirstEnergy settlement.(FirstEnergy to acquire GPU Inc.)(Brief Article)
September 4, 2001... Morristown, N.J., utility GPU Inc. said Friday an administrative law judge considering its $11.9 billion purchase by FirstEnergy Corp. of Akron, Ohio, for the New Jersey Board of Public Utilities approved the settlement reached by major parties...

Natural Convergence.(receives financing)(Brief Article)
September 4, 2001... Ottawa, Canada-based Natural Convergence Inc., a developer of Web-enabled IP voice services for small businesses, said it completed a $645,000 round of seed financing from Jefferson Partners, Primaxis Technology Ventures Inc., and Purple Angel....

PSEG Global closes buy of controlling Saesa stake.(Sociedad Austral de Electricidad S.A.)(Brief Article)
September 4, 2001... PSEG Global, a unit of Newark, N.J., electric utility Public Service Enterprise Group, said Friday it closed its acquisition of about 94% of Sociedad Austral de Electricidad SA, or Saesa, and its subsidiaries and about 14% of Empresa Electrica...

Siemens Mobile Acceleration.(formed by Siemens AG)(Brief Article)
September 4, 2001... Munich, Germany based electronics giant Siemens AG is setting up a venture capital fund to invest in Nordic technology companies, according to Dagens Industri. Siemens Mobile Acceleration will be based in Stockholm, Sweden and will focus on...

SingTel completes $9B C&W Optus deal.(Singapore Telecommunications, Cable & Wireless Optus)(Brief Article)
September 4, 2001... Singapore Telecommunications Ltd. has wrapped up control of Australia's Cable & Wireless Optus Ltd. after Cable & Wireless plc formally agreed to sell its entire 52.3% stake. The sale by C&W lifted SingTel's stake in Australia's second biggest...

SouthTrust taking Tidewater Bank.(Virginia Beach, VA)(Brief Article)
September 4, 2001... SouthTrust Corp., the Birmingham, Ala., parent of SouthTrust Bank, said Friday it is acquiring the Bank of Tidewater in Virginia Beach, Va., for $28 a share or $67.85 million. Under the terms, each share of the Bank of Tidewater's common stock...

Tantalus Systems.(receives funding from Discovery Capital Corp.)(Brief Article)
September 4, 2001... Wireless telemetry networks provider Tantalus Systems Corp. of Burnaby, B.C., has received $750,000 in equity funding from venture capital firm Discovery Capital Corp., in exchange for 250,000 class A preferred shares of Tantalus. Discovery...

Technova Information Systems.(seeks funding)(Brief Article)
September 4, 2001... New Delhi-based startup Technova Information Systems is hoping to raise $5 million to get its e-business, enterprise resource planning and mobile wireless business off the ground, according a report in The Times of India. Founders Suresh Rajpal...

Unitive.(receives financing from Transamerica Technology Finance)(Brief Article)
September 4, 2001... Research Triangle Park, N.C.'s Unitive Inc., a provider of outsourced, advanced semiconductor packaging technologies, has signed a $2 million debt financing agreement with Transamerica Technology Finance, a unit of Transamerica Finance Corp. of...

Grupo Imsa gets VP Buildings.(Brief Article)
September 4, 2001... Byline: Greg Johnson It turns out that Mexico's Grupo Imsa SA de CV is going to buy VP Buildings Inc. after all. On Sept. 4, a U.S. Bankruptcy Court judge approved the sale of LTV Corp.'s prefab metal division to the Monterrey,...

Hynix bailout talks nearing a vote.(Brief Article)
September 4, 2001... Byline: Michael Baker SEOUL -- Creditor banks of Hynix Semiconductor Inc. may vote on a final bailout program for the indebted chipmaker within one week, lead creditor Korea Exchange Bank said Sept. 4. Hynix's financial adviser,...

Hancock's departure spells sale at Exodus.(Brief Article)
September 4, 2001... Byline: David Shabelman On the same day that embattled Hewlett-Packard Co. Chairman and CEO Carleton "Carly" Fiorina announced her $25 billion merger with Compaq Computer Corp., her counterpart at Exodus Communications Inc., Chairman and...

BT rebrands mobile unit ahead of IPO.(British Telecommunications plc)(Brief Article)
September 4, 2001... Byline: Nicola Hobday LONDON -- British Telecommunications plc has given its BT Wireless unit a new brand name -- 02 -- as the mobile phone subsidiary moves a step closer toward a separate stock market listing in mid-November. The unit...

Will insiders sell their Loudcloud stock?(Brief Article)
September 4, 2001... Byline: Heidi Nasr Now that its lockup period has expired, company officers and insiders holding Loudcloud Inc. stock can sell their holdings. But with the shares hovering around a third of the offering price, why would they want to? ...

H-P, Compaq discuss $25 billion merger.(Brief Article)
September 4, 2001... Byline: Heidi Nasr Amid a severe retail and corporate technology spending slump, Hewlett-Packard Co. and Compaq Computer Corp. announced Monday a $25 billion merger that will give them the combined heft, and perhaps also the clout, of IBM...

The homecoming.(Barry Mills at Bowdoin College)
September 4, 2001... Byline: Matt Miller It is the first day of first-year orientation at Bowdoin College. After they've unloaded boxes, suitcases and computer gear, new arrivals file quietly into the majestic and historic First Parish Church, which borders...

Nissan affiliate mulls buy of Mitsubishi unit.(Brief Article)
September 4, 2001... Byline: Charles Smith TOKYO -- Troubled Japanese auto maker Mitsubishi Motors Corp. is negotiating the sale of components facilities at its Nagoya plant to an affiliate of Nissan Motor Co., according to auto industry sources in Japan. ...

Petrobank's Ventus buy scotched.(Brief Article)
September 4, 2001... Byline: Laura King Calgary, Alberta-based Petrobank Energy and Resources Ltd. said Sept. 4 its C$300 million ($193.4 million) bid for crosstown junior producer Ventus Energy Ltd. has fallen through. The companies gave no reason but...

Rabble Babble.(a review of news from Internet bulletin boards)(Column)
September 4, 2001... Byline: Stacy Mosher The news never rests, and nowhere is it busier than on the Internet bulletin boards. This column excerpts the choicest messages on the latest deals. Postings are selected from several sources, including Yahoo!, Raging...

Macquarie buys stake in Spain's Cintra.(Brief Article)
September 4, 2001... Byline: Giles Parkinson SYDNEY -- Australian tollway operator Macquarie Infrastructure Group Ltd. said Sept. 4 it will pay [Euro]816 million ($723.5 million) for a 40% interest in Cintra Concesiones de Infraestructuras de Transporte, a...

Cendant offers concessions on Galileo buy.(Brief Article)
September 4, 2001... Byline: Victorya Hong BRUSSELS -- Hotel and rental company Cendant Corp. has offered concessions in a move to secure early European Union regulatory approval for its $2.9 billion acquisition of travel reservation system Galileo...

Allied Domecq buys Kuemmerling.(Brief Article)
September 4, 2001... Byline: Siobhan Almond British drinks company Allied Domecq plc said Tuesday it bought Kuemmerling GmbH for [Euro]203 million ($184 million) to become the fourth-largest spirits company in Germany. Bristol, England-based Allied, which...

EU again tackles takeover code.(Brief Article)
September 4, 2001... Byline: Victorya Hong BRUSSELS -- The European Union is again attempting to forge a takeover directive, two months after a divided European Parliament rejected a previous effort. The Commission, the European Union's executive agency,...

Liberty Media, DT agree on $5B cable deal.(Deutsche Telekom,)(Brief Article)
September 4, 2001... Byline: Brian Cattell LONDON -- Nearly seven months after they agreed to the deal in principle, cable group Liberty Media Corp. and Deutsche Telekom AG said they signed a [Euro]5.5 billion ($5 billion) contract Sept. 4 for Liberty to buy...

Nordic Capital buys pest-control businesses.(ServiceMaster Co, Terminix International Ltd.)(Brief Article)(Statistical Data Included)
September 4, 2001... Byline: Kelly Holman ServiceMaster Co. said Sept. 4 that it sold some of its Terminix pest-control businesses to Stockholm private equity firm Nordic Capital in a deal valued at $100 million. Under the terms, Nordic Capital agreed to...

Venture Law Group delays start for new associates.(Brief Article)
September 4, 2001... Byline: David Marcus With its initial public offering business waning, Venture Law Group put its incoming first-year lawyers on hold. The Menlo Park, Calif.-based law firm told its 13 new associates to report to work in January rather...

What's hot--week ending Aug. 31.(Brief Article)(Statistical Data Included)
September 4, 2001... Byline: Matthew Wurtzel Coming before Labor Day weekend, it is no surprise venture capitalists committed only $348.5 million to 34 startups last week. The tally is down 36% from the prior week when venture capitalists invested $547.4...

In twist, VCs help buy $20.5M of convertibles.(Brief Article)
September 4, 2001... Byline: Lou Whiteman A Boston-based software company that went public during the Nasdaq boom of 1998 has returned to its venture capital roots to secure the funding it needs to survive. Exchange Applications Inc. said Sept. 4 it...

Vordel grabs great security in $10M round.(Brief Article)
September 4, 2001... Byline: Clifford Carlsen Irish security software maker Vordel Ltd. raised $10 million to finance its assault on the U.S. market, but stuck mainly with U.K. investors to do so. Vordel landed the second-round money with a lead investment...

H-P, Compaq deal won't revive flagging VC.(Brief Article)
September 4, 2001... Byline: Vyvyan Tenorio The planned union of Hewlett-Packard Co. and Compaq Computer Corp. may result in a formidable computer company, but not so in the venture capital arena, where the struggling firms have drastically cut back...

Acadia Pharmaceuticals.(Brief Article)
September 5, 2001... San Diego-based Acadia Pharmaceuticals Inc. withdrew its estimated $86.25 million IPO. The company was to sell 5.75 million shares at $13 to $15 per share. In an Aug. 31 letter to the SEC, Acadia's CEO, Uli Hacksell, wrote that "current market...

Aelis Photonics.(Brief Article)
September 5, 2001... Netanya, Israel-based Aelis Photonics has raised $2.3 million in a seed round of financing led by Israel Seed Partners. The Jerusalem-based venture capital fund was the sole investor in the round, which included options for a future investment...

Anthropics.(Brief Article)
September 5, 2001... London-based Anthropics Ltd. said Tuesday it has raised [pound]6 million ($8.8 million) in a first round of funding led by Quester Capital Management Ltd., a British venture capital firm. London-based Sky Ventures and Skandia Media also...

CBD Technologies.(Brief Article)
September 5, 2001... Rehovot, Israel-based CBD Technologies Ltd. has raised $5 million in a second round of financing led by Brazil's Companhia Suzano de Papel e Cellulose. The Sao Paulo-based-company is a leading producer of paper products. Venture capital...

Clark/Bardes makes 17th deal.(Brief Article)
September 5, 2001... Clark/Bardes Holdings Inc., a Barrington, Ill., provider of compensation and benefit services, said Tuesday that it is acquiring Waltham, Mass., rival Lyons Compensation & Benefits llc in a transaction valued at $12 million. Clark/Bardes said...

Consumers Packaging gets OK on sale to Owens.(Brief Article)
September 5, 2001... Toronto's Consumers Packaging Inc., which has been operating under creditor protection since May, said Tuesday an Ontario court has approved the sale of all of its Canadian assets to Owens Illinois Inc. of Toledo, Ohio, for C$235 million....

Empresas ICA sells $182M worth of assets.(Brief Article)
September 5, 2001... Mexico's largest engineering and construction concern Empresas ICA SA said Monday it agreed to sell assets for 1.67 billion pesos ($182 million) as it continues to carry out a 1999 restructuring plan designed to shed non-core assets and reduce...

Exchange Applications.(Brief Article)
September 5, 2001... Boston-based Exchange Applications Inc., doing business as Xchange Inc., has secured $20.5 million in financing from Insight Venture Partners, THK Private Equities and other investors including Andrew Frawley, chairman of the board of Xchange....

FelCor Lodging REIT gets $325M for MeriStar deal.(Brief Article)
September 5, 2001... Irving, Texas, hotel real estate investment trust FelCor Lodging Trust Inc. said Tuesday it received mortgage loan and other financing worth at least $325 million to help pay debt it assumed when it agreed to acquire Washington, D.C., rival...

Gardner Denver buys Hoffman Air.(Brief Article)
September 5, 2001... Gardner Denver Inc., a Quincy, Ill., producer of centrifugal blowers and vacuum systems, said Tuesday it has agreed to pay about $45 million to buy the Syracuse, N.Y.-based Hoffman Air and Filtration Systems division of British engineering and...

Goodrich Corp.(spins off engineered industrial products business)(Brief Article)
September 5, 2001... Charlotte, N.C.-based Goodrich Corp. announced a tax-free spinoff of its engineered industrial products business to its shareholders. Shareholders will receive one share of the spinoff for every five shares in Goodrich, a supplier of aerospace...

Hanover completes purchase of Schlumberger unit.(Brief Article)
September 5, 2001... Houston oilfield services firm Hanover Compressor Co. completed its acquisition of the gas compression unit of New York energy services giant Schlumberger Ltd. for $761 million. The deal, announced June 28, consists of $270 million in cash,...

International Paper completes Masonite unit sale.(Brief Article)
September 5, 2001... Stamford, Conn.-based International Paper Co. said Tuesday it completed the sale of its Masonite Corp. business to Premdor Inc. for $527 million in cash and notes, following an agreement with the U.S. Justice Department calling for Premdor to...

Penson Worldwide Inc.(Brief Article)
September 5, 2001... Dallas-based Penson Worldwide Inc. withdrew its estimated $108 million IPO due to market conditions. In an Aug. 31 letter to the U.S. Securities and Exchange Commission, Penson's executive vice president, Philip A. Pendergraft wrote: "The terms...

RBC Dain Rauscher gets Tamir stake.(Brief Article)
September 5, 2001... RBC Dain Rauscher Wessels agreed Tuesday to acquire a minority stake in Tamir Fishman & Co., according to a joint announcement. The Minneapolis based investment bank paid $7.6 million for its interest in the privately owned Tamir Fishman....

Stonepath Group taking Air Plus.(Brief Article)
September 5, 2001... Stonepath Group Inc., which announced in June that transportation would be its main focus, is making its first foray into that industry. The Philadelphia incubator of e-commerce and Internet companies said Tuesday it would buy Air Plus Ltd., a...

SyVox.(Brief Article)
September 5, 2001... Telecommunications speech applications provider SyVox Corp. of Boulder, Colo., has tapped $4.7 million in funding led by technology partner Psion Teklogix of Toronto. Other participants in the round included The Hillman Co. of Pittsburgh and...

Vordel.(Brief Article)
September 5, 2001... Dublin-based Vordel Ltd. said Monday it has completed a $10 million second round of financing led by Elderstreet DrKC Ltd., a London-based venture capital firm owned by Dresdner Kleinwort Wasserstein, at an undisclosed valuation. (Several...

WatchMark.(Brief Article)
September 5, 2001... Bellevue, Wash.-based WatchMark Corp., a provider of service assurance software for wireless carrier networks, has landed a $7.5 million credit facility from Imperial Bank. The facility consists of a $2 million equipment term loan and a $5.5...

Whitemark purchases developer.(Brief Article)
September 5, 2001... Whitemark Homes Inc., an Orlando, Fla., real estate developer, said Tuesday it has agreed to acquire North Florida Consulting Inc., a privately held, Destin, Fla., developer of waterfront homes and resorts, in a transaction valued from $25...

Xignal Technologies.(Brief Article)
September 5, 2001... German semiconductor design company Xignal Technologies AG said Tuesday it has closed a $7 million first round from Menlo Park, Calif.-based Benchmark Capital and Star Ventures, a German and Israeli investment company, at a valuation of $20...

eRoom Technology Inc.(Brief Article)
September 5, 2001... Cambridge, Mass.-based eRoom Technology Inc. withdrew its $70 million IPO due to market conditions. The provider of Internet-based software applications and services hadn't specified the price and number of shares. Net proceeds from the...

elata.(Brief Article)
September 5, 2001... British wireless firm elata Ltd. has secured [Euro]10 million ($9.1 million) in new funding from Royal Bank Ventures and nCoTec Ventures. The company makes a software platform that allows mobile operators to deliver personalized data...

mCentric.(Brief Article)
September 5, 2001... Madrid-based software developer mCentric SA said Tuesday it has closed a $2 million second round of financing from first round backers, far blue plc and e-Vestment Capital. The two English venture capital firms invested $2.8 million into the...

nCircle Network Security.(Brief Article)
September 5, 2001... Network management technology provider nCircle Network Security Inc. of Emeryville, Calif., has pulled in $11.3 million in Series B funding led by BV Capital and Alta Partners. Other participants in the round include Court Square Ventures,...

sentitO Networks.(Brief Article)
September 5, 2001... Telephony infrastructure equipment provider sentitO Networks Inc. of Rockville, Md., has netted a $2 million combined line of credit and equipment loan from Imperial Bank. Proceeds will be used for company growth and product commercialization....

Bankruptcy beauty contest.(selection of federal court venue)
September 5, 2001... Byline: David E. Rovella Predictability. Among bankruptcy lawyers, it is the ultimate consideration when deciding which federal court best suits a corporate client seeking protection from creditors. For the past decade, that...

ACON prevails in Florimex bidding.(Brief Article)
September 5, 2001... Byline: Shanon D. Murray A Washington-based investment firm has bested the stalking-horse agreement that Deutsche Beteiligungs AG, a German private equity firm, had to acquire Florimex, the international division of bankrupt USA Floral...

Furrs' creditors may get settlement.(Furr's Inc.)(Brief Article)
September 5, 2001... Byline: Josh Kosman Unsecured creditors of bankrupt Furrs Supermarkets Inc. may be close to reaching a settlement over insider preference and other issues with the company's secureds even though a sale of the Albuquerque, N.M.-based chain...

Air NZ waits for ruling.(Air New Zealand Ltd. )(Brief Article)(Statistical Data Included)
September 5, 2001... Byline: Giles Parkinson SYDNEY -- Shares in Air New Zealand Ltd. slumped to near record lows Sept. 5 following further delays in a crucial government ruling and a rejected offer to buy competitor Virgin Blue. Amid doubts the cash-short...

BT unit set for M&A after listing.(British Telecommunications PLC)(mergers and acquisitions)(Brief Article)(Statistical Data Included)
September 5, 2001... Byline: Brian Cattell LONDON -- British Telecommunications plc said Sept. 5 that its mobile phone company, mmO2, will be demerged bearing debts of only [pound]500 million ($722 million), prompting analysts to predict the unit would...

Metromedia backers study situation.(Metromedia Fiber Network Inc. )(Brief Article)
September 5, 2001... Byline: Leon Lazaroff The group of creditors and investors that Metromedia Fiber Network Inc. officials hope will provide more than $600 million in long-term financing now resembles children standing beside a swimming pool, each waiting...

IPO Outlook -- September 5, 2001.(initial public offering)(Brief Article)
September 5, 2001... Byline: Soma Biswas in New York Universal Hospital Services Bloomington, Minn.-based Universal Hospital Services Inc. set the price of its initial public offering at $17-$19 per share. The IPO will total up to $109.25 million for 5.75...

Callahan purchases DT cable unit.(Deutsche Telekom AG)(Callahan Associates)(Brian Cattell)(Brief Article)
September 5, 2001... Byline: Brian Cattell LONDON -- Germany's Deutsche Telekom AG next week will receive about $680 million from U.S. cable operator Callahan Associates llc when it closes a deal for Callahan to buy 55% of the German company's...

AngloGold bids $1.7B for Normandy Mining.(Brief Article)(Statistical Data Included)
September 5, 2001... Byline: Giles Parkinson SYDNEY -- In a move to strengthen its position as the world's largest gold miner, South Africa's AngloGold Ltd. announced a A$3.2 billion ($1.7 billion) all-stock offer Sept. 5 for Normandy Mining Ltd. Normandy,...

Seoul Bank sale talks hit setback.(Brief Article)
September 5, 2001... Byline: Michael Baker SEOUL -- Korea's second attempt to sell a stake in the ailing Seoul Bank hit a snag Sept. 5 when the government publicly rejected granting a put option to seal a deal with Deutsche Bank Capital Partners, which has...

KDDI mum on Texas Pacific offer for unit.(KDDI Corp., Texas Pacific Group)(Brief Article)
September 5, 2001... Byline: Charles Smith TOKYO -- Japan's leading independent telecom operator, KDDI Corp., said Sept. 5 it had received "numerous offers" for its stake in its Tu-ka mobile group but was not in active negotiations with any single buyer. ...

France Telecom takes control of TPSA.(Telekomunikacja Polska S.A.)(Brief Article)(Statistical Data Included)
September 5, 2001... Byline: Patricia Koza WARSAW -- France Telecom SA and partner Kulczyk Holding SA strengthened their hold on Central Europe's largest phone company Sept. 5, when they agreed to pay Zl3.5 billion ($825 million) to raise their stake in...