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Europe Daily Bulletin No. 9258

6 September 2006
Contents Publication in full By article 34 / 43
GENERAL NEWS / (eu) delivery services

The investment fund BCP - BUTLER CAPITAL PARTNERS is in exclusive negotiations for acquiring a majority stake in the SERNAM XPRESS delivery service group, the former failing subsidiary of the SNCF. BCP is expected to take over a little over 50% of SERNAM leading to a €10 - €15 million increase in capital. SERNAM was largely in deficit in 2005 with losses of around €40 million out of a turnover of €370 million. It has a workforce of 2100.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS