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Europe Daily Bulletin No. 8655

28 February 2004
Contents Publication in full By article 44 / 55
ECONOMIC INTERPENETRATION / (eu) privatisation

- France: The French State is to begin privatisation of a "substantial but minority" part of its 97% stake in SNECMA (net profits EUR 183 million for a turnover of EUR 6.43 billion in 2003), stating that the operation to take place before summer 2004 will cover a "substantial minority stake". SNECMA is currently valued at between EUR 5 and 6 billion. France, moreover, is envisaging privatisation of AREVA in the next "few months", bringing its participation in FRANCE TELECOM down below the...

Contents

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