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Jun 02, 1999
Avondale Industries Inc. will reportedly accept an increased cash takeover bid from Litton Industries Inc., forgoing a previous all-stock merger agreement with Newport News Shipbuilding Inc.
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Jun 02, 1999
Chevron Corp. reportedly contacted Nigeria's newly-installed democratic government over threats by ethnic Ijaw militants to its facilities in the latest fighting in the oil region.
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Jun 02, 1999
The European Commission's (EC) competition department will reportedly launch an in-depth probe into the proposed $87 billion merger of U.S. oil majors Exxon Corp.
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Jun 02, 1999
Ugland International Holdings Plc reportedly entered into agreements to restructure Norway-based refrigerated vessel (reefer) operators Swan Reefer ASA.
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Jun 02, 1999
Elf Aquitaine's bid for Norway's Saga Petroleum is reportedly giving Norway's minority government a gigantic headache by threatening its cherished goal of keeping Saga in Norwegian hands.
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Jun 02, 1999
ABB Asea Brown Boveri Ltd reportedly received approval from the European Commission to complete a proposed 50-50 joint venture with France's Alstom SA.
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Jun 02, 1999
Daewoo Heavy Industries Co Ltd reportedly won a $180 million order from Italy's Moby Lines to build two luxury car-ferry ships.
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Jun 02, 1999
Swire Pacific Offshore, a Singapore-based unit of Hong Kong listed Swire Pacific Ltd, is reportedly investing more than $50 million to buy four new vessels.
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