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Europe Daily Bulletin No. 7970

23 May 2001
Contents Publication in full By article 40 / 59
ECONOMIC INTERPENETRATION / (eu) insurance

The French reinsurance company SCOR has announced that it has acquired the reinsurance division of the French company GROUPAMA for EUR 344 million by means of an exchange of shares. GROUPAMA will receive around 15% of SCOR's capital, making it the company's biggest shareholder.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION