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Europe Daily Bulletin No. 8165

7 March 2002
Contents Publication in full By article 48 / 54
ECONOMIC INTERPENETRATION / (eu) tobacco

British IMPERIAL TOBACCO has confirmed it is negotiating with German TCHIBO HOLDING on the subject of the cigarette manufacturer REEMTSMA, of which the German group wishes to sell 75.1% of the share capital. IMPERIAL TOBACCO is expected to clinch the deal ahead of its rivals, ALTADIS, JAPAN TOBACCO and GALLAGHER, as it is making the highest bid (around EUR 6 billion).

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION