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Europe Daily Bulletin No. 7857

7 December 2000
Contents Publication in full By article 40 / 58
ECONOMIC INTERPENETRATION / (eu) banking

Britain's ABBEY NATIONAL, currently in merger talks with BOS - BANK OF SCOTLAND (see EI of 8 November), is examining an offer to merge proposed by its compatriot LLOYDS TSB. For its part BOS has announced the takeover of the Irish national bank ICC BANK (pre-tax profit of IR£ 18.3 million in the first half of 2000) for IR£275 million. The Finance Ministry has undertaken to sell it the 85% stake it has in ICC.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION