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Europe Daily Bulletin No. 7982

13 June 2001
Contents Publication in full By article 41 / 45
ECONOMIC INTERPENETRATION / (eu) cement

The Italian group CEMENTIR took control of the Turkish company CIMENTAS (turnover of USD 123.6 million in 2000) to the value of 58% of the ordinary capital for USD 121.3 million. At the same time, the Italian company bought 68.3% of the preferred stock from the Turkish company for USD 16.2 million. Following these operations, CEMENTIR will launch a takeover bid for the remainder of the CIMENTAS capital. In case of 100% success in this offer, CEMENTIR will have to pay a total amount of USD...

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