1.   SBC Warburg was trying to pressure BNP into raising the value of a stock swap offer it has made to minority shareholders of CIP.

2.   The share swap offer is expected to be made in June and is contingent of European Union regulatory and other antitrust approvals, the companies said.

3.   The share swap offer is expected to be made in June and is contingent on European Union regulatory and other antitrust approvals, the companies said.

4.   The stakes were adjusted slightly after Canal Plus made an August swap offer for all the shares of UGC Droits Audiovisuels it did not own.

5.   However, Interior Minister Armando Estrada said the government was ruling out any swap offer.