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Europe Daily Bulletin No. 7799

15 September 2000
Contents Publication in full By article 30 / 55
ECONOMIC INTERPENETRATION / (eu) banks

CHASE MANHATTAN (net profit of USD 5.375 billion in 1999 with a total balance sheet of 406.1 billion), the third largest bank in the United States, intends to acquire the American business bank J.P. MORGAN (net profit of USD 2.020 billion in 1999 with a total balance sheet of 260.9 billion) through a public exchange offering valued at USD 32.9 billion. The J.P. MORGAN shareholders will receive for each of their shares 3.7 shares in CHASE MANHATTAN, an exchange of share that values each J.P....

Contents

THE DAY IN POLITICS
GENERAL NEWS
SUMMER TEXTS ON EUROPE'S FUTURE
ECONOMIC INTERPENETRATION