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- French market watchdog denies protecting minister
- PARIS AFP — The French stock market regulator AMF vigorously defended itself, calling reports that it had censored the findings of an investigation to protect French Finance Minister Thierry Breton "blatant calumny". AMF Financial Markets Authority has faced accusations that it modified the findings of its probe into accounting...
- Research articles 2006-01-19
- Investigators raid French finance ministry
- PARIS AFP — An investigating magistrate accompanied by police raided the premises of the French economy and finance ministry. A ministry source close to the matter told AFP that they were carrying out enquiries in connection with a probe into the acounts of French chemical company Rhodia. Finance Minister...
- Research articles 2005-06-27
- French finance ministry, Rhodia raided in corporate accounts probe
- PARIS AFP — An investigating judge in the Rhodia financial reporting affair and police raided the French finance ministry, and a source told AFP that the probe concerned the chemical company when Economy and Finance Minister Thierry Breton was a member of its board. Rhodia said later that its...
- Research articles 2005-06-27
- Rhodia target of probe into accounts when minister was on board: source
- PARIS AFP — The French specialty chemicals group Rhodia is under investigation for accounting faults which allegedly took place while French Finance Minister Thierry Breton was a member of the board, a judicial source said. The finance ministry said that Breton, who was travelling to Japan, was untroubled by...
- Research articles 2005-03-25
- Finance minister denies involvement in company's alleged accounting irregularities
- PARIS AFP — The French speciality chemicals group Rhodia is under investigation for accounting irregularities that allegedly took place while French Finance Minister Thierry Breton was a member of the board, a judicial source said. A separate source close to the affair told AFP that the French financial markets...
- Research articles 2005-03-25
- Rhodia announces refinancing, stock surges
- PARIS AFP ? French chemicals group Rhodia announced that it had agreed a refinancing plan totalling about 1.8 billion euros (2.19 billion dollars), pushing its shares up 20 percent. The company said it would also sell assets to raise at least 700 million euros this year. The company,...
- Research articles 2004-03-31
- Europe Ripe for Consolidation.(surfactants market)(Brief Article)
- THE EUROPEAN SURFACTANTS MARKET IS RIPE for consolidation because there are many producers, a lack of product differentiation, and depressed profits, says a study by Frost & Sullivan London. "As a result of high raw material prices and critically low finished product prices, high volume basic...
- Research articles 2001-02-28
- Tough Choices in Commodity Surfactants.(Sasol Chemical Industries Ltd. acquires Condea Chemie GmbH)(Brief Article)
- Difficult business conditions are driving cansolidation and restructuring. Two major deals in December--Sasol's acquisition of Condea and Huntsman's purchase of Albright & Wilson Surfactants Europe--were an appropriate finish to a year when the manufacturers of commodity anionic surfactants found themselves catching...
- Research articles 2001-01-22
- Rhodia
- Headquartered in Paris, specialty chemicals company Rhodia has announced that, following approval by the U.S. Federal Trade Commission FTC, it has completed its acquisition of Glen-Allen, Va.-based Albright & Wilson. The acquired company--which operates internationally in the areas of phosphates, surfactants and phosphorus derivatives, and acrylics--will be integrated into Rhodia's...
- Research articles 2000-06-01
- Albright & Wi1son
- The FTC has approved the acquisition of Albright & Wi1son, Glen Allen, VA, by Rhodia Performance Fibres, Valence, France. The merger between the two companies is currently underway.
- Research articles 2000-04-01
- US FTC: Hoechst and Rhone-Poulenc settle FTC charges th that merger would violate antitrust laws.
- M2 PRESSWIRE-10 December 1999-US FTC: Hoechst and Rhone-Poulenc settle FTC charges that merger would violate antitrust laws C1994-99 M2 COMMUNICATIONS LTD RDATE:071299 * Agency Mandates Divestiture of Thrombin Inhibitor Drug and Specialty Chemicals The Federal Trade Commission today...
- Research articles 1999-12-10
- Rhodia Okays A&W Buy After FTC Approves It.(Company Business and Marketing)(Brief Article)
- ON OCTOBER 25, Rhodia's board authorized Jean-Pierre Tirouflet, the company's chairman and CEO, to exercise the call option on Danube Chemicals Acquisition Corporation, a parent company of Albright & Wilson, once Rhodia receives Federal Trade Commission approval for the acquisition. The European Commission sanctioned the ...
- Research articles 1999-11-08
Additional Resources
- Rhodia: Embracing Outsourcing to Improve Competitiveness
- Rhodia is one of the world's leading manufacturers of specialty chemicals employing 23,000 people. A benchmarking initiative in 2001 revealed that Rhodia's support functions could be improved within its market. Tackling its profitability challenges would require some radical restructuring. Rhodia chose Accenture and working closely together, Rhodia and Accenture performed...
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