Word: occidentale
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The agency's plan calls for a dramatic return to the banking business by A. Robert Abboud, former chairman of First Chicago and ex-president of Occidental Petroleum. Abboud, 58, known during a stormy 29-year career as an exacting boss, is spearheading a campaign to raise $500 million and...
Los Angeles-based Transamerica Occidental Life (1986 revenues: $1.9 billion) two years ago became the first insurer to announce that it would impose an AIDS blood test on anyone who sought an individual life insurance policy. Many rivals, particularly among the 50 major insurance firms, have since begun testing anyone...
Among them were January 1985 merger talks between Diamond Shamrock, a Dallas energy firm, and Occidental Petroleum -- discussions that subsequently broke off. Another case is said to involve T. Boone Pickens' February 1985 takeover bid for Unocal. Pickens eventually backed away after Unocal bought up his holdings in the company...
Last July, Alex Goldfarb appealed to Armand Hammer, 88, chairman of Occidental Petroleum Corp. and a friend of Soviet leaders for some 60 years, for help. Last week, when Hammer was in the Soviet Union, he met Anatoly Dobrynin, the former Soviet Ambassador to the U.S. "I'd like to...
Many Americans mistakenly believe that the Arm & Hammer line of baking soda, detergents and deodorizers is owned by Industrialist Armand Hammer, 88. Irked by the common confusion, the high-profile chairman of Occidental Petroleum reportedly tried a few years ago to buy the label from its owner, Church & Dwight of...