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Europe Daily Bulletin No. 7809

29 September 2000
Contents Publication in full By article 32 / 44
ECONOMIC INTERPENETRATION / (eu) medical equipment

SIEMENS MEDICAL ENGINEERING, medical techniques subsidiary of the German electrotechnical group SIEMENS, has made a friendly bid of EUR 791 million for the acquisition of American ACUSON (turnover $475.9 million in 1999 with 1,900 employed), specialised in ultrasound systems. The company's shareholders will be offered $23 per share. Furthermore, SIEMENS is to invest $700 million over the next three months in mobile telephony infrastructures and marketing in Brazil.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION