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Europe Daily Bulletin No. 7649

5 February 2000
Contents Publication in full By article 41 / 45
ECONOMIC INTERPENETRATION / (eu) financial news

The telecoms operator EQUANT, specialist in data networks for multinationals, and the British media group REUTERS (financial news), will be creating a joint venture. The new firm, to be 51% owned by REUTERS and 49% by EQUANT, will enable financial institutions to exchange data and is expected to generate annual earnings of USD 400 million with a workforce of 600. The two groups plan to place shares in the subsidiary on the stock market.

Contents

THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION