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Europe Daily Bulletin No. 7652

10 February 2000
Contents Publication in full By article 58 / 68
ECONOMIC INTERPENETRATION / (eu) television

The Canadian groups ROGERS COMMUNICATIONS and VIDEOTRON have announced their merger, creating a cable giant in Canada with 3.7 million subscribers and capital of CAD 25 billion. The transaction will take place via a share swap, with one VIDEOTRON share being exchanged for 0.925 shares (without voting rights) in ROGERS, valuing VIDEOTRON at CAD 6 billion. The new venture is expected to earn CAD 4.4 billion in 2000.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT