Archive for the 'France' Category
Sarkozy Secures $120bn Energy Merger
0 Comments Published by Andy Rowell September 3rd, 2007 in France, energy mergersFrench president Nicolas Sarkozy is set to confirm a $120 billion merger between energy groups Suez and Gaz de France, creating the world’s third-largest power company and a new French global champion.
Although the deal was first muted in early 2006, it was resisted by Suez’s CEO, Gérard Mestrallet. He agreed after considerable arm-twisting by Mr […]
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