| BUSINESSWEEK ONLINE : FEBRUARY 1, 1999 ISSUE | ||||||||
| ||||||||
| INTERNATIONAL -- EUROPEAN BUSINESS
Simpson Shakes Up GEC SELLS Marconi Electronic Systems to British Aerospace, raising GEC's war chest to an estimated $4.5 billion AIMS to use cash to fund expansion of high-tech business in Europe and the U.S., particularly in telecom and medical equipment, business systems, and electronic commerce IMPROVES shareholder value by disposing of an addditional $1.7 billion in unwanted assets since 1996 DATA: COMPANY REPORTS _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
Return to main story
INTERACT E-Mail to Business Week Online | |||||||