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Europe Daily Bulletin No. 7884

19 January 2001
Contents Publication in full By article 38 / 47
ECONOMIC INTERPENETRATION / (eu) electrical equipment

The Italian group PRAMA-LIFTER (turnover of EUR 98 million in 2000) and its Spanish counterpart GMI (turnover of more than EUR 40 million in 2000) have signed a letter of intent in view of merging at the latest on 30 June through a share swap. The turnover of the new entity, based in Tuscany, should approach the EUR 200 million in this financial year.

Contents

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