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Europe Daily Bulletin No. 7824

19 October 2000
Contents Publication in full By article 42 / 59
ECONOMIC INTERPENETRATION / (eu) electrical equipment

The French SCHNEIDER ELECTRIC will sell to control of its activities in high tension (consolidated turnover of FF 2.6 billion in 1999) to the Austrian VA TECH. The agreement foresees that VA TECH will have 60% of the capital in a new company called to manage its assets as well as those of the Austrian in the sector.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION