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Europe Daily Bulletin No. 8016

28 July 2001
Contents Publication in full By article 38 / 48
ECONOMIC INTERPENETRATION / (eu) electronics

The French group THALES has bought the 49.9% held by British BAE SYSTEMS in their joint venture TMS - THOMSON MARCONI SONAR (turnover EUR 345 million with 2,500 employed), of which it thus becomes the only shareholder.

Contents

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