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Europe Daily Bulletin No. 7671

8 March 2000
Contents Publication in full By article 38 / 54
ECONOMIC INTERPENETRATION / (eu) cars

RENAULT (France) filed a bid on Monday for takeover of the assets of the South Korean manufacturer SAMSUNG MOTORS. The French group is proposing the establishment of a joint venture with initial capital of USD 335 million, in which it would be 70% owner with an investment of USD 235 million, and SAMSUNG 30% owner, investing USD 100 million.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION