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Europe Daily Bulletin No. 7943

11 April 2001
Contents Publication in full By article 45 / 61
GENERAL NEWS / (eu) media

According to the Spanish economic daily Expansión, the Spanish telecommunications group TELEFONICA is considering a stake swap with the German BERTELSMANN. The plan concerns the exchange of stake in TELEFONICA MEDIA against the 18% that BERTELSMANN owns in LYCOS. This exchange enables TERRA LYCOS to increase from 29% to 47% its stake in LYCOS EUROPE. Furthermore, TELEFONICA announced having bought all the stakes held by its fellow national IBERDROLA in the Brazilian telecommunications...

Contents

THE DAY IN POLITICS
GENERAL NEWS
SUPPLEMENT