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Europe Daily Bulletin No. 7786

28 August 2000
Contents Publication in full By article 31 / 36
ECONOMIC INTERPENETRATION / (eu) cables

CABLELEC (French group ALCATEL) took a 51% stake in DAESUNG CABLE CO, a South Korean telecommunication, electrical and fibre optic cable manufacturer. Initially it will acquire 47.4% for 52 billion Wons. Then, it will buy from majority shareholders the 3.6% of share necessary to take control of the group.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION