GDF, Suez prepare anti-trust defence for their planned merger
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French energy groups Gaz de France and Suez were expected to reply to the EU Commission about anti-trust concerns raised by their controversial tie-up.
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France is brokering an 80 billion euro ($108 billion) merger of Gaz de France, the state-owned natural gas company, with the energy business of the private utility Suez.
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The European Commission plans to announce a formal proposal settling a long-running antitrust case against the world&#39;s largest soft drinks maker Coca-Cola
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A controversial plan by the European Central Bank to set up and operate a new system for settling share and bond trades in the European Union will come under close scrutiny by the region's top antitrust watchdog.
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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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Euronext  shareholders are due to approve a $14 billion plan to merge with the New York Stock Exchange  and create the first transatlantic bourse. But some opponents may cause heated discussions at a meeting on Tuesday.
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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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PARIS, Sept. 25 -- General Motors Corp. ought to enter an alliance with Nissan Motor Co. and Renault SA as a defense against the rising global dominance of Toyota Motor Corp., a top Renault executive said Monday.
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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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Hopes are mounting that French utility groups Suez and Gaz de France are on the brink of signing a merger deal.
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The British government has signaled its opposition to the creation of a European defence industry giant by the merger of the European aerospace group EADS and the French-British defence electronics group Thales, the Observer reported.
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French unions won a legal bid to postpone  a crucial board meeting of Gaz de France  on its  planned 80 billion euro ($102.5 billion) merger with utility  Suez , dealing a blow to the government-backed deal.
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A French court rejected an appeal from Gaz de France to allow a board meeting in which the company had been expected to complete its contested merger with the utility giant Suez. The appeals court in Paris upheld a judgeÂs decision supporting a request by Gaz de FranceÂs workers for more time to examine the deal before the board is allowed to meet to vote on it. The initial court ruling came 24 hours before the Gaz de France board was to meet on the deal. Any prolonged delay could endanger plans by the two companies to merge.
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French unions won a legal bid to postpone a crucial board meeting of Gaz de France  on its planned 80 billion euro ($102.5 billion) merger with utility Suez , dealing a blow to the government-backed deal.
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The boards of state-owned Gaz de France and utility giant Suez SA were meeting Sunday night to discuss a new merger deal, as expectations grew that an agreement on the long-stalled tie-up was imminent.
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The French parliament has opened debate on a controversial bill allowing the privatization of gas utility GDF, ahead of a merger with energy group Suez and amid a row over whether the deal would create or cost jobs.
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French lawmakers have approved an energy bill that paves the way for the privatisation of the state-owned gas group GDF and its merger with the French company Suez.