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Europe Daily Bulletin No. 9121

1 February 2006
Contents Publication in full By article 36 / 39
ECONOMIC INTERPENETRATION / (eu) cement

Switzerland's HOLCIM has made a non-hostile takeover bid for Indian company GACL - GUJARAT MABUJA CEMENTS LTD. HOLCIM already has a 14.8% stake in GACL, acquired for around $477 mil from the company that set up GACL, and is bidding $560 mil for a further 20% stake. This would make HOLCIM the biggest cement company on the Indian market.

Contents

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