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Europe Daily Bulletin No. 8484

18 June 2003
Contents Publication in full By article 45 / 50
ECONOMIC INTERPENETRATION / (eu) security

British company CHUBB (annual turnover £ 1.5 bn) a has agreed to the offer from US conglomerate UTC - UNITED TECHNOLOGIES, which was increased to 75 pence per share and which values the company at around £ 622 million. UTC is also involved in rescheduling CHUBB's debt, which increased to USD 934 million last April.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION