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Europe Daily Bulletin No. 7954

28 April 2001
Contents Publication in full By article 42 / 45
ECONOMIC INTERPENETRATION / (eu) cement

The German group HEIDELBERGER ZEMENT has acquired a majority stake in the Indonesian producer INDOCEMENT (total production capacity 15.8 million tonnes) for a total of $300 million. The German cement company now holds 61.7% of INDOCEMENT, the remainder being held by the Indonesian government, the SALIM group, MARUBENI and the public. HEIDELBERGER holds an option on the government stake, which can be taken within two years.

Contents

THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION