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Europe Daily Bulletin No. 8323

21 October 2002
Contents Publication in full By article 39 / 47
GENERAL NEWS / (eu) eu/competition
Authorisation for Frère to buy controlling stake in Taittinger

Brussels, 21/10/2002 (Agence Europe) - The European Commission has given the go-ahead for an operation which will see Taittinger become jointly controlled by CNP, the financial holding company controlled by the Belgian businessman Albert Frère (and to date, solely owned by the Taittinger family). Taittinger is renowned for its champagne but in addition to trading in wine and spirits, it also has interests in the hotel business and the luxury goods sector, crystalware and perfumes, where CNP...

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