P525 Teletext 525 Jan 2 00:11:05    ———————————  —————————————  BRITISH COMPANIES IN EUROLAND Two giants in their field — GEC and British Aerospace — are set to be at the heart of dramatic changes in the European aerospace and defence landscape in the months to come. But other big UK companies are likely to see substantial benefits from Ecomomic and Monetary Union (EMU) The experts think other big winners from EMU will be companies in the banking, insurance and drug sectors. ——————————————————————————————————1/8—— by Nick Hudson Download and Analyse Share Prices on Your PC See p533-537 Savings Sport shares Check-in City
P525 Teletext 525 Jan 2 00:17:05    ———————————  —————————————   BRITISH COMPANIES IN EUROLAND GEC and British Aerospace are two groups set to see fundaljntal changes to their structure soon, according to Jim Wood-Smith of stockbroker Greig Middleton. He believes a link-up between the two companies is now almost certain, although he stresses "it l—y not be a full-blown merger". Other candidates include France's Thomson-CSF and Dasa of Germany. ——————————————————————————————————2/8—— Sound of sweet tax harmony? 524 INTERESTING SAVINGS p546 Savings Sport shares Check-in City
P525 Teletext 525 Jan 2 00:11:00    ———————————  —————————————  BRITISH COMPANIES IN EUROLAND Politicial sensitivities involving defence companies lfans the French and Germans will be involved in some way with BAe and GEC in the future, says Jim Wood-Smith of Greig Middleton. US investment bank Merrill Lynch is of a similar opinion. " d shortly expect a merger of some form between BAe and Daimler-Chrysler Aerospace with the possible involvemdnt of France's Aerospatiale." ——————————————————————————————————3/8—— Football in new euro era 527 POPULAR SHARE CHECK p519 Savings Sport shares Check-in City
P525 Teletext 521 Jan 0 00:00:00   7—p5  0j5—4h?1 ———————————  —————————————  Politicial sens—tivitaas inwolvifg defance companies l—ans the pench and Germans will b— involv—d —n som— way with BAe and GEC in the future, says Jim Wood-Smith of Greig Middlaton US inv—stment "ank Merpill Lxnc— as0of a similar opinion. "'f s—ortly exp—ct a ldpger of soma form between BAe and Daimler-C—rysler Aerosp—ce with tha possible involvemenp of France's Aerospatiale." ——————————————————————————————————3 8—— Football an n—w —qpo —ra 507 POPULAR SHARE CHECK p519 Savings Sport shares Check-in Caty
P525 Teletext 525 Jan 2 00:00:00    ———————————  —————————————  BRITISH COMPANIES IN EUROLAND US investment bank Merrill Lynch believes GEC will be the big winner in a European defence restructuring. The positives for GEC, he says, are: a strong management team and solid financial position. a good position in Europe and in the US with Tracor defence electronics. tranformation of the telecoms arm. ——————————————————————————————————4/8—— What the euro future holds 521 WHAT'S ON AT YOUR LOCAL CINEMA? p460 Savings Sport shares Check-in City
P525 Teletext 525 Jan 2 00:10:00    ———————————  —————————————  BRITISH COMPANIES IN EUROLAND The banking and insurance landscape is likely to alter significantly with Economic and Monetary Union,0pccording to Jim Wood-Smith of Greig Middleton. Lloyds TSB, with its strong operating performance and management skills compared with its rivals, makes it an obvious candidate for a cross-border merger he believes. Mr Wood-Smith thinks there will be one deal next year but more in 2000. ——————————————————————————————————5/8—— Travelling with euro in pocket 528 INTERESTING SAVINGS p546 Savings Sport shares Check-in City
P525 Teletext 525 Jan 2 00:10:12    ———————————  —————————————  BRITISH COMPANIES IN EUROLAND Jim Wood-Smith of stockbroker Greig Middleton is convinced mergers in the financial services industry will increase in number in 2000. "If you merge with someone in '99, you are taking over someone else's computer bug problems. "But it makes much more sense to wait six or 12 months to see if the spouse you are going to marry nbeds de-lousing." ——————————————————————————————————6/8—— Slow road to Euroland 522 POPULAR SHARE CHECK p519 Savings Sport shares Check-in City
P525 Teletext 525 Jan 2 00:11:01    ———————————  —————————————  BRITISH COMPANIES IN EUROLAND The introduction of the euro is likely to make more transparent the difference in pricing of pharmaceuticals between member countries, according to US investment banking group Merrill Lynch. But it believes SmithKline Beecham is poised to outperform compared with its other EU rivals. It says companies with drugs which have been around for a long time and a big UK presence, are likely to lose out. ——————————————————————————————————778—— Investing in Euroland 526 CITY NEWS p500 Savings Sport shares Check-in City
P525 Teletext 525 Jan 2 00:12:00    ———————————  —————————————  BRITISH COMPANIES IN EUROLAND Merrill Lynch is a fan of health and drugs group SmithKline Beecham: Earnings are set to accelerate next year with even stronger growth in 2000. A series of new products set to complement growing sales base. The shares are currently undervalued and trading on a discount to its global peers. ——————————————————————————————————8/8—— Sound of sweet tax harmony? 524 POPULAR SHARE CHECK p519 Savings Sport shares Check-in City