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Europe Daily Bulletin No. 7812

4 October 2000
Contents Publication in full By article 25 / 50
ECONOMIC INTERPENETRATION / (eu) banks

The British bank HSBC HOLDINGS will launch an offer of 500 Egyptian pounds (or USD 140.7) per share to acquire the additional 11% of the Egyptian bank EBB - EGYPTIAN BRITISH BANK (assets valued at USD 935 million on 30 June 2000), thus increasing its share to 51%. The total value of the offer is estimated at around USD 31.9 million.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION