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Europe Daily Bulletin No. 7687

30 March 2000
Contents Publication in full By article 15 / 53
GENERAL NEWS / (eu) eu/competition
Commission approval concerning Shell/BASF (conditional), Shcroders/Citigroup and Hebel/Preussag

Brussels, 29/03/2000 (Agence Europe) - On Wednesday, the European Commission approved:

  • The joint venture between Shell and Basf in the polypropylene and polyethylene sector, subject to the sale of factories and technologies.
  • The acquisition of one part of Schroders (UK) by the subsidiary of Citigroup (USA), Salomon Smith Barney Holding (SSBH), in the financial services sector.
  • The acquisition of German enterprise BTP Hebel by another German company, Preussag.

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Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION