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Europe Daily Bulletin No. 8771

26 August 2004
Contents Publication in full By article 29 / 34
ECONOMIC INTERPENETRATION / (eu) finance

Japan's third biggest bank, SUMITOMO MITSUI (quoted on the stock exchange at 3648 bn yen, including 102.220 bn yen of assets) has made a bid for Japan's fourth largest bank UFJ (quoted on the stock exchange at 2520 bn yen, including 82.130 bn yen of assets), valuing the latter at 3200 bn yen. The bid aims to stymie planned merger announced in July between UFJ and MITSUBISHI TOKYO FINANCIAL GROUP (quoted on stock exchange at 6706 bn yen, including 106.620 bn yen of assets), the exact details...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION