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Europe Daily Bulletin No. 7862

13 December 2000
Contents Publication in full By article 28 / 51
ECONOMIC INTERPENETRATION / (eu) electronics

Germany's KATHREIN (560 million euro turnover in 1999), the world's foremost aerial manufacturer, is to take control of the German specialist in mass market electronic products GRUNDIG (1.4 bn euro turnover in 1999 with 5,850 employees) in which it currently has a 25% stake. KATHREIN intends increasing this to 74% by the end of the year. It is considering taking almost all the shares of HYPOVEREINSSBANK, whose stake would consequently fall from 37.3% to 2.03%, as well as buying the shares of...

Contents

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