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Chavez's Latest Takeover Won't be His Last

Venezuela President Hugo Chavez gestures during a press conference with foreign media at Miraflores presidential palace in Caracas, Venezuela, Sept. 27, 2010.
AP Photo
Venezuelan President Hugo Chavez waves outside the presidential palace in Caracas Aug. 6, 2010.
Getty Images

Venezuelan President Hugo Chavez's announcement late Monday that his government was taking over a subsidiary of a U.S.-based glass container manufacturer wasn't his government's first seizure, and he said it won't be his last.

After announcing the takeover of Owens-Illinois Inc.'s subsidiary in a televised speech, Chavez said more seizures are planned, according to The Associated Press.

"There's another list around here," Chavez said, adding that the takeovers would be announced later.

During the past two years, Chavez's government has already compiled a list of companies that have been nationalized. Here's a timeline of some of those takeovers:

  • Alex Sundby

    Alex Sundby is an associate news editor for CBSNews.com