51.   Telit recently bought out the majority of shares in the Swedish group Pearl Consults, a telemarketing group that deals with ticket bookings and sales.

52.   The company resulted last fall from a merger of Swedish group Euroc and of the cement and public works equipment business of Norwegian firm Aker.

53.   The EU Commission gave approval for a merger of the US phamaceutical company Upjohn and the Swedish group Pharmacia on Monday, a spokesman said.