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Europe Daily Bulletin No. 7980

9 June 2001
Contents Publication in full By article 31 / 40
ECONOMIC INTERPENETRATION / (eu) telecommunications

In France, the mass public electronic group TMM - THOMSON MULTIMEDIA and the telecommunications equipment manufacturer ALCATEL have signed a preliminary agreement for the sale of ALCATEL's so-called "DSL" modem business (Digital Subscriber Line) to TMM. The operation ill take the form of an exchange of 9.5 million new THOMSON MULTIMEDIA shares of a value of 456 million euro which will increase ALCATEL's stake in its compatriot to 9.1%, against the current 6%. The business being sold...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION