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Europe Daily Bulletin No. 7787

30 August 2000
Contents Publication in full By article 21 / 33
ECONOMIC INTERPENETRATION / (eu) electronics

PHILIPS (1999 turnover EUR 31.5 billion with over 232,000 employed) is to acquire the US toothbrush manufacturer OPTIVA (annual turnover $175 million with 600 employed) for an undisclosed amount. The operation will allow PHILIPS to rise to second place worldwide for dental hygiene accessories.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT