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Europe Daily Bulletin No. 8363

16 December 2002
Contents Publication in full By article 50 / 54
ECONOMIC INTERPENETRATION / (eu) chemicals

The Belgian company SOLVAY has sold two AUSIMONT subsidiaries to the German company DEGUSSA. The subsidiaries concerned operate in Persalts and H202. DEGUSSA intends to merge these activities within the MEDAVOX structure thus becoming a fully-owned subsidiary of DEGUSSA with an annual turnover of around EUR 50 million with 100 employed. The competition authorities had asked for the operation before giving the go-ahead to SOLVAY for acquisition of AUSIMONT.

Contents

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