The Germany family enterprise INA-HOLDING (EUR 4.2 bil turnover in 2000) will be launching a take-over bid (pitching in at EUR 11) in one week's time for Germany's FAG KUGELFISCHER (EUR 2.2 bil company), (ball bearings manufacturer) with the aim of creating the world's third largest company in this sector. INA-HOLDING is hoping to acquire over 75% of FAG KUGELFISCHER's shares, 68% of whose capital is freely quoted on the stock markets.