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Europe Daily Bulletin No. 8638

5 February 2004
Contents Publication in full By article 47 / 56
ECONOMIC INTERPENETRATION / (eu) optics

Dutch investment fund HAL HOLDING has launched a take-over bid through its subsidiary MULTIBRANDS of optical distributor GRANVISION optical distributors for EUR 598 million (turnover EUR 604 million in 2003) of which it already has a 32.95% stake. The offer has been set at EUR 25.50 per share. GRANVISION will bring their share prices down slightly to EUR 25 per share.

Contents

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