Spain’s old boy network eyes Iberdrola grid sale 24 Oct 2002 The regulator has reportedly recommended that the government nix the deal in favor of local favourite Red Electrica. The arguments behind this are absurd. If the government really wants a modern economy it should let the sale to CVC Capital go through.
Vivendi publishing sale in disorder 23 Oct 2002 Plan A was to sell US arm Houghton Mifflin alone. Now plan B selling its publishing assets as a whole has flopped. Over to plan C. Natexis is to buy the European arm for Lagardere. But what chance has a new nearmonopoly of getting antitrust clearance?