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Europe Daily Bulletin No. 7922

14 March 2001
Contents Publication in full By article 47 / 54
ECONOMIC INTERPENETRATION / (eu) energy

British BG GROUP is to sell its 24.5% stake in PHOENIX NATURAL GAS to the water company EAST SURREY HOLDINGS for the sum of £49.7 million. BG GROUP will, however, remain a majority shareholder with 51% of the capital, the remaining 24.5% being held by American KEYSPAN CORP.

Contents

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