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Europe Daily Bulletin No. 8456

7 May 2003
Contents Publication in full By article 38 / 46
ECONOMIC INTERPENETRATION / (eu) brewing

The Dutch company HEINEKEN has taken contrail of its Austrian counterpart BBAG (turnover of i.1 bn in 2002 with workforce of 7700). HEINEKEN launched a take-over bid of a total amount of EUR 1.9 bn for 100% of BBAG's capital and has been given assurances that it will obtain at least 68,7%. Once the deal is finalised, HEINEKEN will launch a take-over bid for the rest of its shares, valued at EUR 124 per share. With total production of 26 million hectolitres, the new group, BRAU UNION, will...

Contents

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