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Europe Daily Bulletin No. 8349

28 November 2002
Contents Publication in full By article 51 / 55
ECONOMIC INTERPENETRATION / (eu) insurance

LA BALOISE has bought the German insurer SECURITAS from Britain's ROYAL & SUN for 90 million euro. SECURITAS will be merged with LA BALOISE's subsidiary BASLER DEUTSCHLAND. The entity to emerge from the merger will employ over 1,300 people and have a consolidated volume of premiums of 680 million euro.

Contents

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