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