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Europe Daily Bulletin No. 8368

23 December 2002
Contents Publication in full By article 44 / 54
ECONOMIC INTERPENETRATION / (eu) insurance

Sweden's SKANDIA, with debts to the tune of 11.4 bn Swedish crowns, has sold its US subsidiary to US company PRUDENTIAL FINANCIAL for $1.15 bn cash. The deal should enable PRUDENTIAL to increase its earnings per share in 2003 by around 15 cents.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
WEEKLY SUPPLEMENT