VOL.XLIII/XLIV

No.52/ No. 01

25-Dec.-2000/1 Jan. 2001

GENERAL

Hess Unlikely To Challenge Eni Bid For Lasmo

US oil firm Amerada Hess said on 21 December it would probably not challenge the bid by Eni of Italy to purchase the UKs Lasmo. Amerada Hess Corporation notes the announcement by Eni of its intention to make a cash offer for all the issued ordinary shares of Lasmo PLC at a price of 200 pence per ordinary share, the company said in a statement, adding that while Amerada Hess reserves all...