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Europe Daily Bulletin No. 8704

12 May 2004
Contents Publication in full By article 29 / 37
ECONOMIC INTERPENETRATION / (eu)

Banking: SOCIETE GENERALE (France) will be acquiring, for an undisclosed amount, a 29% stake held by the EL KHALIFA BANK in its retail banking subsidiary in Algeria, which brings its share in the concern up from 61% to 90%. It will soon be taking over 10% of the remainder following the promise by SOCIETE FINANCIERE INTERNATIONALE to sell it the rest of its holding.

Contents

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