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Europe Daily Bulletin No. 8496

3 July 2003
Contents Publication in full By article 26 / 32
ECONOMIC INTERPENETRATION / (eu) privatisation

- Portugal: the Portuguese state had begun the final phase of privatising the paper packaging company GESCARTAO and is selling shares for the 35% stake it still has in the company. Shares are being sold for EUR 6.5 per share, which will allow state coffers to fill up to the tune of EUR 50 million in this transaction which has valued the company at EUR 148 million. GESCARTAO employs a workforce of 960 and has an annual turnover of almost EUR 200 million.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION