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Europe Daily Bulletin No. 8982

2 July 2005
Contents Publication in full By article 36 / 38
ECONOMIC INTERPENETRATION / (eu) banks

BANK OF AMERICA is to acquire the American MBNA (turnover $9.56 billion in 2004), the leading independent world group specialised in credit cards, in a transaction estimated at $35 billion. MBNA shareholders will receive $27.50 per share of which $4.125 will be in cash.

Contents

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