The Brussels-based settlement house, EUROCLEAR, and its UK equivalent, CRESTCO, are merging. CRESTCO shareholders will receive 30.15 EUROCLEAR shares in exchange for each share they bring. In total, they will represent 19% of the shareholding base of the new group, which will still continue trading under the EUROCLEAR name. On the basis of their 2001 activities, the two companies will ensure the delivery-versus-payment of more than 120 million transactions and achieve an overall total...