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NatWest, based in London, issued a statement today saying that the reason the Scottish banks originally worked on a joint bid for NatWest -- before talks broke down -- was that they each lack the management resources, market capitalization, experience and the cost base to take over NatWest on their own.
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[C5.] Bidder Chosen for Japanese Bank After an intense round of bidding, Japanese financial regulators have chosen the Lone Star Group, a private equity fund group based in Texas, to take over the bankrupt Tokyo Sowa Bank, because its bid for the bank would require the least amount of public money to clear away bad loans.
The 2011 demise of the city's redevelopment agency, which had selected Forest City, based in Chicago, to take over the project, added more complications.
He said: "We will be making significant pre-operational investment in the base as we prepare to take over the UK SAR contract in 2015.
The airport and the German government agreed to pay nearly $300 million to upgrade two other American bases, Ramstein and Spangdahlem, to take over the airlift operations handled by Rhein-Main.
Three days after Dynegy, an energy marketing and trading company based in Houston, agreed to take over Enron, its giant crosstown rival, Dynegy executives came to New York to assure investors that the deal would sharply increase their company's profits.
The community based Spa Pavilion Associates had proposed to take over the running of the theatre, but the council said its plans were not financially viable.
Clinton then went on to enact NAFTA, or the North America Free Trade Act, which as American Prospect editor Robert Kuttner has observed, "was less about trade and more about making it easier for U.S. based multinationals and banks to take over Mexican companies".
The Alienware brand is cooler than Dell, and perhaps a likely candidate for Dell to take over based on size alone," Sood wrote.
Crossair, based in Basel, is expected to take over Swissair's European flights this Sunday, and its international routes in April 2002.
Some Iraqi members say they favor expanding the current body so that a more broadly based body will be ready to take over for the Americans.
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