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Europe Daily Bulletin No. 8061

3 October 2001
Contents Publication in full By article 33 / 53
ECONOMIC INTERPENETRATION / (eu) agrochemicals

Germany's BAYER has officially bought up the agrochemicals company CROPSCIENCE (Franco-German AVENTIS and Germany's SCHERING AG) for EUR 7.25 bn including EUR 2 bn of debt. This is BAYER's biggest ever acquisition and BAYER's agrochemical business will later form a separate company, BAYER CROPSCIENCE, which will have a turnover of between EUR 6.5 and 7 bn this year.

Contents

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