
Friday, December 11, 1998
Singapore stock derivatives attract foreign players
Singapore's stock warrant market has attracted the attention of foreign investment houses as the city-state pushes to deregulate the financial sector.

Aetna to buy Prudential unit for $1 billion
Aetna Inc confirmed it's plan to buy Prudential Insurance Co of America's health care business for $1 billion in a deal that will make it the country's largest provider of health and dental benefits.

Seagram completes PolyGram takeover
Seagram Co. Ltd. has become the world's biggest music company as it completed its takeover of PolyGram NV and announced a restructuring exercise. The restructuring of operations will shave $300 million in annual costs.

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