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Europe Daily Bulletin No. 7696

12 April 2000
Contents Publication in full By article 33 / 55
ECONOMIC INTERPENETRATION / (eu) packaging

The German group VIAG will sell its 72.96% share in its subsidiary GERRESHEIMER GLAS (Turnover of EUR 750 million at the year end close on the 30 November), specialised in special packaging for pharmacy's and cosmetics, to the investment fund INVESTCORP. The total of the transaction remains secret, but could be around EUR 210 million. VIAG, in the process of merging with VEBA (see EI of 29 September 1999), had a turnover of 19.4 billion in 1999.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION