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Article: -WORLD ONLINE INTERNATIONAL: Sandoz-Family Foundation invests $300 million in World Online.
- Article from:
- M2 Presswire
- Article date:
- October 15, 1998
CopyrightCOPYRIGHT 1998 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-15 October 1998-WORLD ONLINE INTERNATIONAL: Sandoz-Family Foundation invests $300 million in World Online (C)1994-98 M2 COMMUNICATIONS LTD
RDATE:151098
The Swiss based Sandoz-Family Foundation today finalised details of its $300 million investment in World Online International, the fastest growing pan-European Internet communications company. Under the terms of the agreement, Sandoz-Family Foundation has acquired a majority shareholding in World Online International, which will use the capital to accelerate its aggressive plans for rapid European expansion.
This investment by Sandoz-Family Foundation complements its ...