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Europe Daily Bulletin No. 8484

18 June 2003
Contents Publication in full By article 47 / 50
ECONOMIC INTERPENETRATION / (eu) software

German conglomerate SIEMENS has acquired around 54% of the capital of CYCOS, a software manufacturer (turnover EUR 15 million expected for 2003 with staff of 140) and has launched a take-over bid for the rest of its assets at the price of EUR 5.5 per share. This offer has valued the company at around EUR 42 million.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION