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Europe Daily Bulletin No. 7690

3 April 2000
Contents Publication in full By article 36 / 43
ECONOMIC INTERPENETRATION / (eu) banking

BCP - BANCO COMERCIAL PORTUGUES has acquired 53% of the capital of BPSM - BANCO PINTO SOTTO MAYOR, for the sum of EUR 1.6 billion. Through this takeover, BCP becomes the largest banking group in Portugal with EUR 69 billion in assets, i.e. 28% of the market shares. BCP maintains, moreover, the public offering made in July on the total of BPSM shares in the same conditions, that is, EUR 23.156 per share or 125 BCP shares swapped for 27 BPSM shares. The operation comes within the complex...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
WEEKLY SUPPLEMENT