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Europe Daily Bulletin No. 8170

14 March 2002
Contents Publication in full By article 49 / 51
ECONOMIC INTERPENETRATION / (eu) semiconductors

The American manufacturer of semiconductors INTERSIL, specialised in components for telecommunications and cordless networks, is to take over its rival ELANTEC SEMICONDUCTORS in a share-swap operation evaluated at some $1.43 bn. According to the terms of the agreement, ELANTEC shareholders will receive 1.24 INTERSIL shares plus $8 in cash for each of their shares.

 

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT