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Europe Daily Bulletin No. 7667

2 March 2000
Contents Publication in full By article 30 / 53
ECONOMIC INTERPENETRATION / (eu) agri-food

As expected, PAI - PARIBAS AFFAIRES INDUSTRIELLES, and its ally DANONE, on the one hand, and NABISCO, associated with HICKS, MUSE, TATE & FURST, on the other, have agreed to share UNITED BISCUITS, group they were coveting. They will put in a joint bid of £1.25 bn. NABISCO would have a 26% stake in the new structure, MUSE, SINVEM and PAI sharing the remaining in three thirds. DANONE will take over UB's activities in Malaysia, Singapore, Scandinavia, Finland, Poland and Hungary, as well as...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT