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Europe Daily Bulletin No. 7727

29 May 2000
Contents Publication in full By article 39 / 46
ECONOMIC INTERPENETRATION / (eu) oil

British BP AMOCO has concluded a protocol of agreement for the acquisition of 50% held by the German group BAYER in their joint petrochemicals subsidiary ERDOELCHEMIE. The company will be placed under the authority of DEUTSCHE BP AG, the German subsidiary of the British group. The amount of this acquisition was not specified but is expected to be close to $500 million.

Contents

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