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Europe Daily Bulletin No. 7761

19 July 2000
Contents Publication in full By article 38 / 55
ECONOMIC INTERPENETRATION / (eu) paper

The forestry and paper group GEORGIA-PACIFIC CORP is to buy up the paper factory FORT JAMES CORP (turnover $6.8 billion in 1999 with 24,800 employed) for the sum of around $11 billion, including debt takeover. The new entity, which is now claiming the first place worldwide on the market of paper for household use, is expected to have made a proforma turnover last year of around $25 billion.

Contents

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