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Europe Daily Bulletin No. 8051

20 September 2001
Contents Publication in full By article 35 / 36
ECONOMIC INTERPENETRATION / (eu) telecommunications

PIRELLI has called on its partner, the holding company BELL, to renegotiate the agreement concluded on 28 July. According to the terms of the agreement, PIRELLI was to acquire, in association with EDIZIONE HOLDING (BENETTON family) BELL's 23% stake in OLIVETTI, for the sum of EUR 7 billion (4.2 euros per share). Given the fall in OLIVETTI shares over past months, PIRELLI called on BELL to renegotiate the agreement concluded, while stressing that it did not bring its terms and conditions into...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION