Oil Change International

Exposing the true costs of fossil fuels

Posts in energy mergers

  • Sarkozy Secures $120bn Energy Merger

    French 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...
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