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Europe Daily Bulletin No. 8640

7 February 2004
Contents Publication in full By article 57 / 59
ECONOMIC INTERPENETRATION / (eu) information technology

One of the world's largest software companies, ORACLE, has raised from 19.5 to 26 dollars per share in cash its hostile takeover bid for its rival PEOPLESOFT. This is the second time that ORACLE has improved its offer since it launched it, nearly eight months ago. Initially valued at 5.1 billion dollars, the takeover bid is now worth 9.4 billion.

 

Contents

THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION
SUPPLEMENT