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Europe Daily Bulletin No. 7883

18 January 2001
Contents Publication in full By article 39 / 46
ECONOMIC INTERPENETRATION / (eu) banking

The Spanish bank BANCO POPULAR has taken a 25% stake in IBERAGENTES, specialised in inheritance management services with assets under management of 1.65 bn euro, through FORTIOR HOLDING (subsidiary of IBERAGENTES). The operation reduces the stake of DEXIA BIL, Luxembourg subsidiary of the Franco-Belgian group DEXIA, in FORTIOR, which amounted to 34%, as well as that of two private shareholders, each reducing their share to 25%. The deal provides for BANCO POPULAR later taking over a majority...

Contents

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