The Franco-Belgian group DEXIA announced the launching of a take-over bid for the Dutch business bank KEMPEN & CO (revenue of EUR 161 millions and net profits of EUR 66.2 million with EUR 161 millions in assets being managed in 2000) in mid-June, through the intermediary of DEXIA-BIL for a total of EUR 83.50 per share. In case of a successful takeover (the offer should enable to gather at least 95% of the shares), DEXIA will pay EUR 1.053 billion for 100% of the capital. This operation will...