login
login

Europe Daily Bulletin No. 7745

26 June 2000
Contents Publication in full By article 31 / 42
ECONOMIC INTERPENETRATION / (eu) automobile

DIAMLERCHRYSLER and the South Korean manufacturer HYUNDAI announced a strategic alliance according to which DAIMLERCHRYSLER will acquire 10% of HYUDAI MOTOR's capital through an investment of 480 million Wons (USD 428.9 million). This operation should lead to the creation of a joint venture aimed at producing specific cars. Furthermore, the two partners announced that they would be making a joint bid for DAEWOO MOTOR, put up for sale by its creditors and for which GENERAL MOTORS AND FIAT...

Contents

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