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Europe Daily Bulletin No. 7907

21 February 2001
Contents Publication in full By article 42 / 51
ECONOMIC INTERPENETRATION / (eu) banks

The Italian banking group BIPOP-CARIRE has just announced the acquisition of 80% of the Spanish fund management company SAFEI, for the sum of EUR 216 million. BIPOP has, moreover, undertaken to buy the remaining 20% of SAFEI over the next three years. SAFEI manages over EUR 2 billion in assets.

Contents

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