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Jul 16, 1999
Mike Bowlin, chief executive of the U.S. oil major Atlantic Richfield Co. will reportedly receive a $27.6 million severance payoff when his company is acquired by BP Amoco Plc.
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Jul 16, 1999
P&O European Ferries reportedly signed a £33 million contract with Japanese shipbuilder Mitsubishi Heavy Industries to build a new ferry for the Irish Sea.
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Jul 16, 1999
Kvaerner is reportedly facing a damages claim for $125 million following its repossession of a cruise ship four years ago.
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Jul 16, 1999
Smit Internationale NV reportedly agreed to buy South Africa's Pentow Marine (Pty) Ltd.
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Jul 16, 1999
Navigazione Montanari will reportedly extend the offer period on its bid to take over Norwegian shipping firm I.M. Skaugen by two weeks.
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Jul 16, 1999
Osprey Maritime Ltd. reportedly reached an agreement with its bankers for an extension of a portion of its loans, currently totaling $370 million.
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