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Europe Daily Bulletin No. 7870

23 December 2000
Contents Publication in full By article 40 / 54
ECONOMIC INTERPENETRATION / (eu) heating

German VAILLANT (EUR 850 million turnover last year with 5,100 employed) and its British counterpart HEPWORTH (EUR 970 million annual turnover) have announced their agreement regarding the conditions of a friendly takeover bid by VAILLANT on HEPWORTH. The operation is for a total of EUR 1.12 billion.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION