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Europe Daily Bulletin No. 8359

12 December 2002
Contents Publication in full By article 40 / 49
ECONOMIC INTERPENETRATION / (eu) energy

The Italian oil company ENI, has bought a 50% stake in Spanish gas company UNION FENOSA for EUR 440 million. The two partners will share control of an estimated EUR 2.3 billion in forthcoming investments. Thanks to this deal, UNION FENOSA will scale down its debt to EUR 485 million.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION