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Europe Daily Bulletin No. 7679

18 March 2000
Contents Publication in full By article 30 / 33
ECONOMIC INTERPENETRATION / (eu) automobile

Following the announcement of BMW's sale of its British subsidiary ROVER to the venture-capital firm ALCHEMY PARTNERS, the American manufacturer FORD has just announced that it had concluded a Memorandum of Understanding with the German group to take over the LAND ROVER division for $3.2 bn. This acquisition does not involve the ROVER's private car activity.

Contents

THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION