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Europe Daily Bulletin No. 7726

27 May 2000
Contents Publication in full By article 35 / 42
ECONOMIC INTERPENETRATION / (eu) distribution

The British frozen foods chain ICELAND has made a friendly bid of GBP 325 million, or 131 pence a share, on the "cash and carry" operator BOOKER. The new venture will have pro forma turnover of GBP 5.5 bilion and capitalisation of 960 million. ICELAND shareholders will own the majority, with 61.1% of the new firm.

Contents

THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION