The Franco-Belgian group DEXIA is to acquire, via its subsidiary DEXIA BIL, a large part of the capital of Danish P-H BANK (72%), and to acquire a minority stake (20% in LINDE PARTNERS LUXEMBOURG via another subsidiary, DEXIA ASSET MANAGEMENT. P-H BANK had a balance sheet total of EUR 16 million in 1999 and LINDE PARTNERS EUR 282,000.