Abstract
When Jacques Solvay, head of the Belgian chemicals concern that bears his name, invited Daniel Janssen to leave his position as chief executive officer at neighboring UCB and join Solvay, pundits and observers of the chemical scene took more than the usual degree of interest in the event. Here, some believed, was the first step in a maneuver to acquire UCB, Belgium's second largest chemical company. Janssen, 50, who became Solvay's new chief executive officer a few weeks ago (Jacques Solvay continues as company chairman), unhesitatingly denies any such intention. Nothing of the kind will happen, he says emphatically. There is no reason that it should. UCB is an excellent company. is doing fine. doesn't need a brother. Solvay also is doing well, and doesn't have such a need either. He likens his move to Solvay to that of a football player who transfers from one team to another. It doesn't mean that ...
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