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Europe Daily Bulletin No. 7724

25 May 2000
Contents Publication in full By article 45 / 63
ECONOMIC INTERPENETRATION / (eu) agri-foodstuffs

According to the Financial Times and the New York Times, BESTFOODS, for which UNILEVER has made a hostile bid (see EI of 10 May), is negotiating a partial agreement with Britain's DIAGEO. According to the two dailies, DIAGEO will be buying BESTFOODS' industrial bakery, a division with turnover of USD 1.7 billion, which will be merged with PILLSBURY, the food division of DIAGEO.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT