FOUR SEASONS BUYING MARRIOTT <MHS> HOTEL

REDSTONE DETAILS SWEETENED VIACOM <VIA> OFFER

Montedison Spa <MONI.MI> said it has
concluded its negotiations with Spanish pharmaceuticals company
<Antibioticos SA>.
    A company spokesman told Reuters "We have concluded the
talks and we are now awaiting authorization from Spanish
authorities." He declined to comment further.
    Earlier today the Italian company postponed a scheduled
press conference on its talks with Antibioticos. An Italian
press report today said Montedison has agreed to acquire
Antibioticos for 500 billion lire.
 REUTER

MONTEDISON CONCLUDES TALKS WITH ANTIBIOTICOS

UtiliCorp United Inc said it
completed the acquisition of West Virginia Power from Dominion
Resources for about 21 mln dlrs.
    The sale was approved by the West Virginia Public Service
Commission in January and became effective March one. West
Virginia's management will continue to be responsible for
operating the utility, it said.
 Reuter

Union Carbide Corp is looking to
acquisitions and joint ventures to aid its chemicals and
plastics growth, according the H.W. Lichtenberger, president of
Chemicals and Plastics.
    Describing this as a major departure in the company's
approach to commercial development, he told the annual new
business forum of the Commercial Development Association "We
are looking to acquisitions and joint ventures when they look
like the fastest and most promising routes to the growth
markets we've identified."
    Not very long ago Union Carbide had the attitude "that if
we couldn't do it ourselves, it wasn't worth doing. Or, if it
was worth doing, we had to go it alone," Lichtenberger
explained.
    He said "there are times when exploiting a profitable
market is done best with a partner. Nor do we see any need to
plow resources into a technology we may not have if we can link
up profitably with someone who is already there."
    He said Carbide has extended its catalyst business that way
and is now extending its specialty chemicals business in the
same way.
 Reuter

CARBIDE <UK> LOOKS TO ACQUISITIONS FOR GROWTH