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Europe Daily Bulletin No. 7706

28 April 2000
Contents Publication in full By article 25 / 52
ECONOMIC INTERPENETRATION / (eu) air

Swiss SAIR GROUP has announced it will increase its stake in the Belgian company SABENA from 49.5% to 85%. The Belgian State, which has hitherto been majority shareholder with 50.5%, will keep 15% of the share capital. The agreement, to come into force "during the second half of 2001 at the latest", will be implemented by a share swap that gives SABENA a total share value of EUR 375 million. The Belgian State will, for its part, become the largest SAIR GROUP shareholder with a 3.3% share....

Contents

TEXTS OF THE WEEK
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION