All posts tagged France

France

France to raise €4.2bn from sale of stakes in EDF and GDF Suez

The French government is likely to receive as much as EUR4.2bn (USD5.5bn) from selling portions of its stakes in utilities Electricite de France SA (EPA:EDF) and GDF Suez SA (EPA:GSZ), Reuters reported. A senior government source told the news agency …

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Oil rigs at sunset

Technip acquires Norwegian Ingenium

French oil services group Technip SA (EPA:TEC) said today it had agreed to buy Norwegian offshore engineering and services contractor Ingenium AS, without specifying how much it had

Peugeot is best know for its cars

French government mulls investment in car group Peugeot

France's government could participate in a capital hike at PSA Peugeot Citroen SA (EPA:UG) if needed, in an effort to help the carmaker limit its increasing losses, daily

Ben Verwaayen, CEO, Alcatel-Lucent

French government to bid for submarine cable unit of struggling Alcatel-Lucent

The French government wants to buy into the submarine cable business of loss-making telecommunications equipment specialist Alcatel-Lucent SA (EPA:ALU), which could sell for between EUR600m (USD783m) and EUR700m,

Emporiki Bank

France’s Credit Agricole offloads Greek arm Emporiki to Alpha Bank

French bank Credit Agricole SA (EPA:ACA) said on Wednesday it had inked an agreement to sell the share capital of Greek unit Emporiki Bank of Greece SA to

LCL is part of Credit Agricole

France’s Credit Agricole still interested in selling stake in Spanish Bankinter

French banking group Credit Agricole SA (EPA:ACA) views the stake it owns in Spanish peer Bankinter SA (MCE:BKT) as non-strategic and it is still considering all options regarding

Supermarket shopping

French retailer Casino takes full control of Monoprix in €1.175bn deal

French retailer Casino Guichard-Perrachon SA (EPA:CO) said today it had sealed a deal to buy Groupe Galeries Lafayette's 50% stake in hypermarket chain venture Monoprix for EUR1.175bn (USD1.444bn). The

Tel Aviv, Israel

France’s Publicis acquries Israeli creative agency network BBR Group

French communications major Publicis Groupe (EPA:PUB) said on Monday it had agreed to take over Israeli creative agencies network BBR Group for an undisclosed sum. The buyer added that

Building Materials

France’s Saint Gobain acquires UK insulation firm Celotex

French building materials and glass producer Compagnie de Saint-Gobain SA (EPA:SGO) announced on Friday it had agreed to purchase UK insulating foam producer Celotex Group Ltd, to enhance

Electrical Engineering

French Rexel boosts US presence with €300m deal to acquire Platt

French electrical supplies distributor Rexel SA (EPA:RXL) on Wednesday said it had agreed to take over US sector player Platt Electric Supply Inc for an enterprise value of

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