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Europe Daily Bulletin No. 8111

13 December 2001
Contents Publication in full By article 32 / 41
ECONOMIC INTERPENETRATION / (eu) banks

French BANQUES POPULAIRES have formed a strategic partnership with the German bank DZ BANK. Initially, DZ will acquire 5% of the capital of NBP - NATEXIS BANQUES POPULAIRES, a subsidiary of BANQUES POPULAIRES. The French bank will acquire an equivalent share in the capital of DAZ, of which it already owns 0.8%. The second stage will be the creation of a joint holding to accelerate their development in eastern Europe. Germany will then sell half of its stake in the central bank of the...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION