Word: thyssens
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Dates: during 1960-1969
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...villa south of Athens to celebrate the 21st birthday of Alexander Onassis, heir apparent to his father's fortunes. Earlier, the soft Aegean wind had carried rumors that Alexander would commemorate his coming of age by defying his father and announce plans to marry New Zealand-born Fiona Thyssen, 36, his frequent companion and 16 years his senior. But Ari is a tough man to defy. When the birthday party moved on to a local bouzouki nightclub, Alexander asked his father, "May I take some whisky?" Aristotle reportedly replied: "Take anything you want-except Fiona...
...Harry Winston) is the way Manhattan-based Obolensky makes a living. When Alexander's department store in Manhattan decided to compete with rival Ohrbach's in copying original Paris dresses, they automatically turned to Obolensky, who pulled off a smash fashion show using models named Baroness Fiona Thyssen and Princess Ira von Furstenburg. "They were such good girls to do a favor," says Obolensky...
...since last year, when American Cyanamid discovered it was simpler to raise money through a Delaware holding company, which does not have to withhold tax if 80% of its business is done outside the U.S. But European firms are more than taking up the slack. Germany's AEG, Thyssen, Siemens and Hoechst, for example, have moved in to escape the 25% withholding tax at home on interest paid to foreign holders of German bonds. The roster has grown to 32 companies, almost all in the big leagues...
...Thyssen's present capacity of 8,500,000 tons of steel HOAG will add another 2,500,000 tons; combined annual sales may amount to $2 billion, moving the new enterprise up to third place among West German corporations, with only Volkswagen and Siemens ahead in sales. The deal, still to be approved by the Commission of the European Communities in Brussels, is to be effected by offering HOAG stockholders a total of $150 million in Thyssen shares and $25 million in cash...
Other mergers are in the air. Hoesch, the eighth largest German steelmaker, took the plunge last year when it absorbed Dortmund-Hörder Hüttenunion. Until recently, Krupp was believed to be considering merging with Thyssen; now Klöckner is said to be a potential Krupp partner. And two more companies, Salzgitter and Ilseder Hütte, are eyeing each other as possible mates...