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Europe Daily Bulletin No. 8590

22 November 2003
Contents Publication in full By article 46 / 47
ECONOMIC INTERPENETRATION / (eu) insurance

American companies TRAVELERS PROPERTY CASUALTY CORP and SAINT PAUL have decided to merge. The new company will be called SAINT PAUL TRAVELERS COMPANIES, and will be one of America's largest financial services groups, with total assets of 107 million dollars and 20 billion in own resources. The operation will be sealed by SAINT PAUL's purchase of TRAVELERS for 16.2 billion dollars.

Contents

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