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Word: parise (lookup in dictionary) (lookup stats)
Dates: during 1990-1999
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Olivetti, a failed Italian typewriter maker reincarnated as a communications firm, stuns Europe's stock markets with a dramatic, $65 billion offer to take over Telecom Italia, a telephone behemoth seven times its size. A cozy merger between Societe Generale and Paribas, two of France's leading banks, is thrown...

Author: /time Magazine | Title: The Takeover Cowboys | 4/19/1999 | See Source »

The advent of the euro has further heightened competition by eliminating the currency risk for investors, so that French mutual funds can safely invest, for example, in German companies for the first time. But another important effect of the same development is that European companies are all coming under increased...

Author: /time Magazine | Title: The Takeover Cowboys | 4/19/1999 | See Source »

An important aspect of the recent shuffling is that nearly all the mergers have been domestic corporate marriages rather than cross-border European takeovers, which had been expected to proliferate when the euro was introduced in financial transactions in January. The main reason is efficiency: it is becoming obvious that...

Author: /time Magazine | Title: The Takeover Cowboys | 4/19/1999 | See Source »

Size is so important that the prospect of creating a "champion of the European banking sector" prompted Banque Nationale de Paris to attempt to outmaneuver its rivals with a dramatic $37.6 billion offer to buy both Societe Generale and Paribas once their intended merger was announced, further jolting the French...

Author: /time Magazine | Title: The Takeover Cowboys | 4/19/1999 | See Source »

"Sire, do not talk to me of small projects," said the Great Cham of baroque architecture, Gian Lorenzo Bernini, to Louis XIV after the Sun King lured him to Paris. Foster is too much of a democrat to echo that sentiment, but it's a fact that his imagination runs...

Author: /time Magazine | Title: Architecture: Norman Foster: Lifting The Spirit | 4/19/1999 | See Source »

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