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Europe Daily Bulletin No. 7807

27 September 2000
Contents Publication in full By article 32 / 40
ECONOMIC INTERPENETRATION / (eu) insurance

British insurance firm CGNU has sold CGU CORPORATION, its general insurance business in the United States, to American WHITE MOUNTAINS for the sum of $1.4 billion. The buyer also takes on an inter-company loan of $500 million granted by CGNU to its subsidiary.

Contents

THE DAY IN POLITICS
GENERAL NEWS
TEXTS OF THE WEEK
ECONOMIC INTERPENETRATION