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Europe Daily Bulletin No. 8552

30 September 2003
Contents Publication in full By article 26 / 31
GENERAL NEWS / (eu) eu/competition
Commission authorises Alcan's take-over of Pechiney

Brussels, 29/09/2003 (Agence Europe) - The European Commission has given a conditional green light to the purchase of French group Pechiney by the Canadian Alcan. This operation, which will create the world number one in aluminium in turnover, is on the condition that the new company will shed some assets. The Alcan group (turnover of 12.5 billion dollars in 2002 with 54,000 employees), which has still to get the go-ahead from the American authorities, has declared itself delighted to have...

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