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Europe Daily Bulletin No. 7873

4 January 2001
Contents Publication in full By article 39 / 42
ECONOMIC INTERPENETRATION / (eu) factoring

Spain's BANCO POPULAR will be buying at most 50% of Portugal's HELLER FACTORING PORTUGUESA (which manages other companies' invoices; turnover of EUR 920 million in 2000), which has a 19% share of its domestic market. The operation is worth EUR 20 million. The remainder of the firm's capital will remain in the hands of the parent company, HELLER FINANCIAL.

Contents

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