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Europe Daily Bulletin No. 7846

22 November 2000
Contents Publication in full By article 33 / 54
ECONOMIC INTERPENETRATION / (eu) luxury goods

French HERMES INTERNATIONAL SCA (turnover FF 6 billion in 1999), specialised in luxury products in leather and silk, is to acquire a 30% share in the capital of LEICA CAMERA (turnover DM 275.7 million for the financial year ending March 2000 with 1,500 employed), a German company reputed for its top quality photographic cameras, for the sum of EUR 17 million (12.5 euros per share).

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION