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Europe Daily Bulletin No. 7935

30 March 2001
Contents Publication in full By article 43 / 48
ECONOMIC INTERPENETRATION / (eu) satellites

The Luxembourg operator SES GLOBAL - SOCIETE EUROPEENNE DE SATELLITES (turnover of EUR 1.41 billion forecasted for 2000) confirmed that it would buy GE AMERICOM, the satellite activities of the American GENERAL ELECTRIC, for USD 5 billion in order to create "the world largest provider of satellite services". The operation will be financed to the value of USD 2.7 billion paid in cash and with the issuing 15.4 million shares in SES GLOBAL. Following the operation, GE CAPITAL, financial arm of...

Contents

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