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Europe Daily Bulletin No. 7658

18 February 2000
Contents Publication in full By article 48 / 49
ECONOMIC INTERPENETRATION / (eu) banks

The daily Nihon Keizai Shimbun is reporting that the Japanese consortium led by SOFTBANK, a software and Internet investment giant, will be buying the insolvent Japanese bank NCB -NIPPON CREDIT BANK-, currently under public administration. SOFTBANK beat out the American investment fund CERBERUS, which was also interested in a takeover. See EI of 27 January.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION