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A Belgian Giant Wonders What to Do Next.
- Source :
- BusinessWeek; 5/25/1957, Issue 1447, p134-142, 6p
- Publication Year :
- 1957
-
Abstract
- The article focuses on the acquisition of Brown Drilling Co., a U.S. contract oil drilling outfit, by Sofina, the giant international Belgian utility holding and investment company. Sofina plans to conduct subsidiary operations for the petroleum sector. Industry observers speculate that Sofina might be aiming for eventual marriage with Petrofina, another Belgian company that has been moving into North America.
- Subjects :
- MERGERS & acquisitions
OIL well drilling
Subjects
Details
- Language :
- English
- ISSN :
- 00077135
- Issue :
- 1447
- Database :
- Complementary Index
- Journal :
- BusinessWeek
- Publication Type :
- Periodical
- Accession number :
- 59180356