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Europe Daily Bulletin No. 7705

27 April 2000
Contents Publication in full By article 35 / 52
ECONOMIC INTERPENETRATION / (eu) paper

To counter the bid by Finland's UPM-KYMMENE, the American INTERNATIONAL PAPER, the world's number one company in the sector, has launched a counterbid of USD 8.5 billion on its competitor CHAMPION, topping the Finnish bid by 36%. It is offering 64 dollars for every CHAMPION share. See EI of 19 February.

Contents

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