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Europe Daily Bulletin No. 7751

5 July 2000
Contents Publication in full By article 34 / 49
ECONOMIC INTERPENETRATION / (eu) tobacco

French BOLLORE has acquired the 40% stake held by LA SEITA in CORALMA, their joint tobacco manufacturing and distribution company for the African market. The amount of this transaction has not been made public. CORALMA made a turnover of EUR 223 million in 1999 with 12.5 billion cigarettes manufactured annually in Africa. Furthermore, BOLLORE has sold to the American distribution group REPUBLIC TECHNOLOGIES its cigarette paper brands "OCB", "Job" and "Zig Zag", for the sum of EUR 150...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION