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Europe Daily Bulletin No. 8353

4 December 2002
Contents Publication in full By article 23 / 35
GENERAL NEWS / (eu) eu/competition
Schneider renounces plan to merger with Legrand

Brussels, 03/12/2002 (Agence Europe) - The Schneider group announced on Tuesday that it was giving up its proposed merger with Legrand once and for all and was selling the shares of the latter to the Wendel group, in accordance with the agreement signed in July (see EUROPE of 30 July). We recall that the Court in Versailles last week ruled that Legrand was in the right concerning the fact that it had been injured by the project, and ordered Schneider to withdraw the proposals for the sale of...

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