Suez, GDF headed for merger agreement: source
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French energy group Suez and state-owned Gaz de France (GDF) are &quot;headed for an agreement&quot; on a merger to create a new European power giant after 18 months of delays, a source close to the negotiations said Sunday.
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The EU is expected to approve the merger between rivals Oracle (Nasdaq: ORCL) and PeopleSoft (Nasdaq: PSFT), according to sources close to the proceedings.
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French utility Suez gives its chairman permission to talk to Gaz de France about their long mooted merger.
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Business & money: Â£60bn merger of Suez and Gaz de France creates world's third-largest listed power company.
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The merger of the energy operations of Norway's oil giant Statoil and Norsk Hydro is approved by shareholders.
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The long-delayed merger of French energy groups Suez and state-owned Gaz de France could be announced next week, creating one of Europe&#39;s biggest power companies after 18 months of delays, a source told AFP on Friday.
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The boards of French energy group Suez and state-owned Gaz de France (GDF) approved at separate meetings Sunday a merger creating a new European power giant, participants told AFP.
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Business & money: French president will confirm today the â¬90bn (Â£61bn) merger between energy groups Suez and Gaz de France.
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Automotive parts and tire maker   Continental AG CONG.DE believes the impact of the possible   merger between car firms General Motors GM.N, Renault   RENA.PA and Nissan 7201.T would be mixed, a board member   told newspaper Euro am Sonntag.
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The French energy group Suez would be required to sell off some of its nuclear power operations in Belgium if it merged with gas utility Gaz de France.
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French lawmakers approved an energy bill that paves the way for privatisation of the state-owned gas group GDF and its merger with the private French company Suez.
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The French government could be about to unveil a mooted merger of state-owned Gaz de France and private utility group Suez, the newspaper Le Figaro said Wednesday in a report denied by the country&#39;s economy minister.
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Gdf-Suez, dopo Ue pronti per asset interessanti
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Russian and French gas companies Gazprom   and Gaz de France  will sign several major  deals on Tuesday, guaranteeing the Russian firm access to more  end users in Europe, industry sources said on Monday.
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President Nicolas Sarkozy said he favored a merger of Gaz de France and the energy operations of Suez, implying Suez would have to shed its waste and water units to complete the long-pending deal.
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The proposed merger of French energy group Suez and state-owned Gaz de France faced a delay of at least several months after an appeals court ruling in favour of trade unions.
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Wall Street's two main private regulatory arms said on Tuesday they have agreed to merge in a widely anticipated move aimed at reducing industry costs and streamlining oversight functions.