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Europe Daily Bulletin No. 8198

24 April 2002
Contents Publication in full By article 36 / 39
ECONOMIC INTERPENETRATION / (eu) industry

British energy producers, LATTICE and NATIONAL GRID have announced that they intend to have a merger "of equals" to form a new group called NATIONAL GRID TRANSCO. If the operation comes off, the new group leader in its country will be worth 14.8 billion UK pounds. NATIONAL GRID SHAREHOLDERS WILL KEEP 57.3% of the stock and LATTICE SHAREHOLDERS 42.7%.

Contents

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