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Europe Daily Bulletin No. 7732

7 June 2000
Contents Publication in full By article 34 / 60
ECONOMIC INTERPENETRATION / (eu) internet

Spain's TELEFÓNICA (telecommunications) has announced the acquisition of MEDIAWAYS (turnover of DEM 350 million expected in fiscal 1999-2000, ending in June), the internet subsidiary of the German group BERTELSMANN specialised in network and business services, for USD 1.6 billion.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT