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Europe Daily Bulletin No. 7972

28 May 2001
Contents Publication in full By article 39 / 46
ECONOMIC INTERPENETRATION / (eu) insurance

According to the Financial Times Deutschland, AXA COLONIA, German subsidiary of the French group AXA, will sell its minority stake in KÖLNISCHER RUECKVERSICHERUNG to the American GENERAL RE for a total of between EUR 660 and 770 million. The transaction must take place before the beginning of 2002. Following the operation, KÖLNISCHER RUECKVERSICHERUNG will be 88.2% held by GENERAL RE.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
WEEKLY SUPPLEMENT