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Europe Daily Bulletin No. 7804

22 September 2000
Contents Publication in full By article 35 / 40
ECONOMIC INTERPENETRATION / (eu) hotels

British tour operator AIRTOUR (turnover EUR 5.4 billion in 1999) has acquired 50% of the Spanish hotel group HOTETUR, which controls about twenty hotels and tourist complexes. In exchange for this shareholding, AIRTOUR will sell 5.6 million of its shares (1.15% of the capital) to the owners of the Spanish chain.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION