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Europe Daily Bulletin No. 7923

15 March 2001
Contents Publication in full By article 34 / 42
ECONOMIC INTERPENETRATION / (eu) conglomerates

The diversified American group TYCO INTERNATIONAL acquired the company CIT for USD 9.2 billion paying for most of the shares. The CIT shareholders will receive 0.6907 TYCO shares for each of their shares or around USD 35.02. This operation will enable TYCO to provide itself with a financial arm that will allow it to help clients finance their acquisitions.

Contents

THE DAY IN POLITICS
(EU) EU/NATO: EU and NATO attempt on Wednesday to clarify security conditions for European observers in Presevo Valley
(EU) EU/MIDDLE EAST: Troika returns from visit focused on short term - conditions met for granting aid to Palestinian Authority
(EU) EU/TRANSPARENCY: Appeal hearing in case opposing MEP to Council over access to "sensitive" information
(EU) EP/POST-NICE: EP wants to participate in phase of drawing up Treaty - Lindh says that Council "does not fear Convention", Barnier that IGC could end in 2003, under Italian Presidency
(EU) EU/EUROPEAN MOVEMENT/FUTURE OF EUROPE: Jo Leinen's report suggests method to follow, stages and questions to be tackled
(EU) EP/BELARUS:
GENERAL NEWS
(EU) EU/JHA COUNCIL: Thursday, Council to try to strengthen European cooperation in crime prevention
(EU) EU/CHILE: On Thursday both parties should come up with joint text, at end of 4th round of negotiations on free-trade agreement
(EU) EU/FOOT AND MOUTH DISEASE: Embargo on French live animal and by-product exports until 27 March - Standing Veterinary Committee considers third country embargo measures excessive
(EU) EU/STATE AID: Commission investigates into subject of tax exemptions granted to Mediaset
(EU) EU/COMPETITION: Commission conditionally approves creation of two joint ventures between British, Dutch and Singapore postal operators
(EU) EU/INTERNAL MARKET:
(EU) EU/UNITED STATES/CLIMATE CHANGE: Concern in EU following Bush's statements on CO2 emissions
(EU) EU/BIOTECHNOLOGY: Commission prepares Communication
(EU) EU/COMPETITION: British Midland, Lufthansa and SAS partnership
(EU) EP/WTO: EP recommendations to Commission for new Round
(EU) EP/FOOTBALL: Mrs Reding answers questions from MEPs on agreement concerning football transfers
(EU) EP/COMMISSION/INFORMATION POLICY: Commission to present its new strategy on communications early summer
(EU) EP/FRAUD: Parliament calls on Commission and Anti-Fraud Office to commit themselves more to protecting the EU's financial interests
(EU) EP/BUDGET: In the 1999 discharge affair, MEPs await response from Commission on the Fléchard, flax and adulterated butter affairs
(EU) EU/INFORMATION SOCIETY: Commission Communication to Stockholm Summit on impact and future priorities of eEurope
(EU) EU/SME/INFORMATION SOCIETY: Commission adopts "Europe Go Digital" Communication to push SMEs into digital era
(EU) EU/COMPETITION: clearance for Degussa's takeover of Laporte, as long as activities are sold
(EU) EU/COMPETITION: Start of procedure against Health, in Germany
(EU) EU/COMPETITION: Alexander Schaub specifies Commission's ideas concerning "World competition forum" and its relations with WTO initiative
(EU) EU/ITALY: Commission authorises aid to less-favoured regions
(EU) EU/UNITED KINGDOM: Commission authorises system replacing EP/PIP
(EU) EU/TRANSPARENCY: European Ombudsman challenges Union Council of ministers practice of secrecy
(EU) EU/ECONOMY: Persistence of great disparity in labour costs in European Union in 1999
(EU) EU/UNIVERSITY/HUNGARY:
ECONOMIC INTERPENETRATION
(EU) Banks:
(EU) Insurance:
(EU) Holding:
(EU) Conglomerates:
(EU) Music:
(EU) Audiovisual:
(EU) Energy:
(EU) Public Services:
(EU) Ready to wear:
(EU) Tourism:
(EU) Defence:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 14/03/2001: