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Europe Daily Bulletin No. 7899

9 February 2001
Contents Publication in full By article 41 / 56
ECONOMIC INTERPENETRATION / (eu) luxury goods

The Italian luxury goods market GUCCI has taken over control of the rival leather-goods maker BOTTEGA VENETA (turnover EUR 50 million in 2000). Under the terms of a "final" agreement, GUCCI will acquire 66.67% of the capital of BOTTEGA for nearly EUR 170 million.

Contents

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