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Europe Daily Bulletin No. 7909

23 February 2001
Contents Publication in full By article 54 / 64
ECONOMIC INTERPENETRATION / (eu) press

The French group L'OREAL accepted to sell the stakes it holds (49% of the capital) in the MARIE-CLAIRE group to the EVELYNE PROUVOST holding after it announced its intention to associate itself with HFM - HACHETTE FILIPACCHI MEDIA. According to the terms of the agreement, HFM will take a 42 % stake in all of the activities of the MARIE-CLAIRE group gathered into a single company. The remaining 58 % will be held by the Prouvost family in a holding formed to this effect.

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