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Europe Daily Bulletin No. 7722

22 May 2000
Contents Publication in full By article 34 / 42
ECONOMIC INTERPENETRATION / (eu) internet

The British internet auction site, QXL, has announced a share swap offer of EUR 1.1 billion on its German competitor RICARDO in the framework of a merger that will give rise to one of the biggest Europe-wide auction sites. On the basis of the latest closing prices, the bid values RICARDO at EUR 1.104 billion.

Contents

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