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Europe Daily Bulletin No. 7910

21 June 2001
Contents Publication in full By article 35 / 40
ECONOMIC INTERPENETRATION / (eu) optics

The Italian group LUXOTTICA (turnover of ITL 4,680 billion in 2000) launched a friendly USD 462 million take-over bid over the American sunglasses distributor SUNGLASS HUT (turnover of USD 654 million in the financial year at the end of October 2000 with 2,500 stores) on the basis of USD 11.5 per share. To this amount is added a debt recovery of USD 191 million.

Contents

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