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Europe Daily Bulletin No. 8431

28 March 2003
Contents Publication in full By article 37 / 46
ECONOMIC INTERPENETRATION / (eu) finance

Franco-Italian manufacturer of semiconductors STMICROELECTRONICS has bought the smart card manufacturer PWI - PROTON WORLD INTERNATIONAL from the Australian ERG group. The deal involves a cash payment of EUR 37 million and a payment linked to the volume of business over a ten year period.

Contents

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