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Europe Daily Bulletin No. 8702

8 May 2004
Contents Publication in full By article 42 / 52
ECONOMIC INTERPENETRATION / (eu) credit

SOCIETE GENERALE (France) is to acquire, for the sum of EUR 160 million, from SCH (Spain), the leasing and invoicing activities of the Norwegian company ELCON FINANS. Two hundred employees and EUR 1.5 billion are involved. Furthermore, the French group is to create, in Bulgaria, a leasing firm via its local subsidiary EXPRESSBANK.

Contents

THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION