| BUSINESSWEEK ONLINE : NOVEMBER 1, 1999 ISSUE | ||||||||
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| INTERNATIONAL -- COVER STORY
Morgan Stanley's Growing Influence in Europe RESTRUCTURING COMPANIES Advising Germany's Hoechst on $50 billion pharmaceuticals merger with France's Rhone-Poulenc. Advising Sweden's Wallenberg family on revamping its industrial empire, including $32 billion merger of pharmaceutical giant Astra. FINANCING UPSTARTS Raising money for such challengers to the Establishment as Ireland's Ryan Air and Britain's Colt Telecom. Managed second-biggest-ever $3.6 billion secondary offering for Paris-based data network specialist Equant. WAGING M&A BATTLES Fought off LVMH Louis Vuitton Moet Hennessy's attack on Gucci and Banque Nationale de Paris' hostile bid for Societe Generale. Helped extract an additional $5 billion for Elf Aquitaine shareholders in losing fight with TotalFina. CREATING NEW SECURITIES Pioneered the European high-yield market. Managed huge securitization deals for Ireland's GPA, British Land, and Canary Wharf. Also managed controversial $1.4 billion securitization for Formula 1 racing boss Bernie Ecclestone. RESHAPING MARKETS Lobbying hard for Europe's stock exchanges to unify. Took the lead in analyzing stocks on a Europe-wide rather than domestic basis. Developing a business in shifting huge portfolios from domestic stocks to euro zone weightings. DATA: BUSINESS WEEK _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ BACK TO TOP |
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 RELATED ITEMS Morgan Stanley: The Deal Machine (int'l edition) COVER IMAGE: Morgan Stanley: The Deal Machine TABLE: Morgan Stanley's Growing Influence in Europe TABLE: The Battle for Europe's Markets Storming Ahead of the Pack in Asia (int'l edition) INTERACT E-Mail to Business Week Online | |||
