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Europe Daily Bulletin No. 7672

9 March 2000
Contents Publication in full By article 43 / 59
ECONOMIC INTERPENETRATION / (eu) finance

The rating agency FITCH IBCA (French group FIMALAC SA; turnover of EUR 169.3 million in 1999) has launcched a friendly public takeover bid on DUFF & PHELPS CREDIT RATING (turnover of USD 92 million with 320 employees), the world's fourth biggest credit rating agency. FITCH IBCA is offering USD 100 per share, valuing DUFF & PHELPS at USD 528 million. If the deal succeeds, the new venture will have annual turnover of USD 260 million with 1,100 employees.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENTS