Acquisitions Monthly

Monthly Sector Analysis: this sector analysis includes acquisitions and buyouts announced between 31 January 2002 and 25 February 2002. UK public offers completed between these dates are included, whereas new and pending offers are excluded. The transactions are classified according to the US sic code identifying the industry sector in which the target company is principally engaged.

 
Seller - activity              Bidder - activity           Price ($M) 
 
10: MINING 
 
1094: Uranium-radium- 
vanadium ores 
Cameco (9.7%) (CA) - Gold,     Investors - Investors           144.01 
uranium mining exploration 
company 
 
13: OIL AND GAS; PETROLEUM REFINING 
 
1311: Crude petroleum and 
natural gas 
El Paso -Texas Midstream       El Paso Energy Partners         750.00 
(US) - Oil and gas             (US) - Gas utility; own, 
exploration, production        operate pipelines 
 
1531: Operative builders 
Crossmann Communities (US)     Beazer Homes USA (US)-          614.67 
- Construct residential        Design, build homes 
buildings 
 
20: FOOD AND KINDRED PRODUCTS 
 
2023: Dry, condensed, and 
evaporated dairy products 
Northern Foods-Ski, Munch      Nestle (SZ) - Produce           204.60 
Bunch (UK) - Manufacture       chocolate, other foods 
yoghurt 
 
2082: Malt beverages 
Bravo International (RU) -     Heineken Holding (NT) -         400.00 
Produce beer                   Produce malt beverage, 
                               soft drinks 
 
2086: Bottled & canned 
soft drinks & carbonated 
waters 
Oyj Hartwall (FN) -            Scottish & Newcastle          1,789.81 
Manufacture, wholesale         (UK) - Produce malt 
beverages                      beverages 
 
26: PAPER AND ALLIED PRODUCTS 
 
2621: Paper mills 
Ust Ilimsk Pulp and Paper      Ilim Pulp Enterprise            200.00 
Mill (RU) - Manufacture        (RU) - Manufacture 
pulp, paper                    paper, pulp products 
 
27: PRINTING, PUBLISHING, AND ALLIED SERVICES 
 
2711: Newspapers: 
publishing, or publishing 
& printing 
Socpresse (30%) (FR) -         Dassault Aviation (FR) -        292.91 
Publish newspapers,            Manufacture jet 
magazines                      aircraft; holding 
                               company 
Howard Publications (US) -     Lee Enterprises (US) -          694.00 
Publishing company             Publish newspapers 
Axel Springer Verlag (40%)     HypoVereinsbank (GM) -          876.20 
(GM) - Publish newspapers,     Bank 
books 
 
28: CHEMICALS AND ALLIED PRODUCTS 
 
2819: Industrial inorganic 
chemicals, not elsewhere 
classified 
BetzDearborn-Water             General Electric (US) -       1,800.00 
Treatment (US) -               Electrical, 
Manufacture water              construction products 
treatment products 
 
29: OIL AND GAS; PETROLEUM REFINING 
 
2911: Petroleum refining 
Valero Energy-Golden (US)      Tesoro Petroleum (US) -       1,125.00 
- Petroleum refining           Manufacture, wholesale 
services                       petroleum products 
 
32: STONE, CLAY, GLASS, AND CONCRETE PRODUCTS 
 
3251: Brick and structural 
clay tile 
Hanson Brick Continental       Wienerberger (AS) -              56.16 
(NT) - Manufacture bricks      Investment holding 
                               company 
 
33: METAL AND METAL PRODUCTS 
 
3312: Steel works, blast 
furnaces, and rolling mills 
Birmingham Steel-Assets        Nucor (US) - Manufacture        500.00 
(US) - … 

Read all of this article – and millions more – with a FREE, 7-day trial!