Connecting. (merger between WorldCom and MFS Communications will create a business communications giant that will threaten US and European rivals with its offering of local, long-distance and Internet access; other news of mergers and acquisitions are presented)(Brief Article)

Economist (US), The, August, 1996

Two fast-growing American telecoms companies will merge to create a business-communications giant that could threaten rivals in both America and Europe. In the third big telecoms merger this year, WorldCom agreed to purchase MFS for $14.4 billion to form a company that will be able to offer local, long-distance and Internet access rolled into one.

SKW Trostberg, the specialty chemicals unit of Germany's Viag, will pay SFr1.3 billion ($1.1 billion) for Master Building Technologies, a unit of Swiss-based Sandoz, a union that would create by far the biggest building-chemicals business in the world.

South Africa's Gencor admitted that the hoped-for merger of its platinum operations with those of Britain's Lonrho to create the world's second-largest platinum...

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