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Europe Daily Bulletin No. 7658

18 February 2000
Contents Publication in full By article 41 / 49
ECONOMIC INTERPENETRATION / (eu) audiovisual sector

CLT-UFA (Luxembourg) has bought a 6.37% stake in Britain's CHANNEL 5 from WARBURG PINCUS VENTURES, raising its total share to 35.37%. The USD-98 million transaction values CHANNEL 5 as a whole at USD 1.539 billion. The capital in the channel is now owned by three shareholders, namely CLT-UFA, UNITED NEWS & MEDIA (35.37% each) and PEARSON (29.26%)

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION