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Europe Daily Bulletin No. 7830

27 October 2000
Contents Publication in full By article 29 / 51
ECONOMIC INTERPENETRATION / (eu) automobile equipment

French parts maker FAURECIA (French group PSA PEUGEOT CITROEN) is to acquire the activities of plastic components manufacturer SOMMER ALLIBERT for the sum of EUR 1.48 billion. After a complex operation, a new giant in automobile subcontracting will be born, keeping the name of FAURECIA. It will make a turnover of EUR 8.1 billion this year with 50,000 employed.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION