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Europe Daily Bulletin No. 7905

17 February 2001
Contents Publication in full By article 52 / 56
ECONOMIC INTERPENETRATION / (eu) diamonds

A consortium lead by the South African family Oppenheimer and the group ANGLO-AMERICAN launched a USD 17.6 billion offer (or USD 43.17 per share) for the South African group DE BEERS (net profit of USD 1.707 billion in 2000), which controls 60% of the world market for raw diamonds. This operation will be carried out through a complex financial deal that will enable ANGLO-AMERICAN and DE BEERS to free their crossed shares.

Contents

THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION