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Europe Daily Bulletin No. 7716

3 June 2000
Contents Publication in full By article 39 / 41
ECONOMIC INTERPENETRATION / (eu) tourism

The French hotel and restaurant group ACCOR is to take a 40% stake in the Israeli group CLAL TOURISM, an operation that will essentially take the form of an exchange of its hotel shares in Israel. CLAL TOURISM, quoted on the Tel Aviv stock exchange, is valued at 55.5 million euro.

Contents

THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION