Word: plc
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Dates: during 1990-1999
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...Queen's banks (she could lose as much as $1 million), and the founding family currently boasts five different hereditary peerages, more than any other English clan since the Middle Ages. The Princess of Wales is a great granddaughter of a Baring. But last week control of Barings plc appeared to be going to the Dutch firm ING-for the decidedly nominal amount...
...extended bidding war among giant international media companies. Last week a winner emerged: Australian media baron Rupert Murdoch's News Corp., which acquired nearly two-thirds of the fast-growing, money-losing satellite television service for $525 million. In making the buy, Murdoch beat out Britain's Pearson PLC as well as Americans Time Warner and Turner Broadcasting, which were also rumored to be interested in STAR...
...deal whose major negotiations took only two weeks, MCI Communications Corp., the entrepreneurial David to AT&T's Goliath in America's long-distance wars, sold 20% of its stock to the huge British Telecommunications PLC for roughly $4.3 billion and instantly acquired access to AT&T-like capital and global reach...
Boeing has held "substantive" talks with Germany's Deutsche Aerospace and has met with British Aerospace PLC, two members of Airbus Industrie, the European consortium that has emerged as the U.S. firm's only real rival. The consortium would be pre-empted from building its own superjumbo if one or more of its team enter a deal with Boeing...
...seek postwar business. "The Crown Prince has said he will look favorably on Kuwait's supporters," says John Lace, managing director of Britain's Babcock Energy, which builds power plants. "So we are second in the queue." As if to confirm that, Kuwait last week awarded Britain's Attwoods PLC $1 billion to clear the war's rubble and debris...