France to expand public stake in nuclear giant Areva to 35-40 pct
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The French government will further privatise Areva in the first half of 2005, bringing the listed capital to 35-40 percent of the world's leading civilian nuclear energy group, Economy Minister Nicolas Sarkozy revealed.
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The French government plans to sell as much as 5.8 billion euros ($7.1 billion) of shares in France Telecom SA to reduce debt that breaches European Union limits.
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France will sell up to 12.1 percent of France Telecom in Europe's largest share placement in four years, bringing as much as $6.95 billion into state coffers.
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French nuclear energy group Areva on Friday launched an agreed takeover for UraMin, valuing the London-listed Canadian uranium miner at more than 2.5 billion dollars (1.9 billion euros).
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Dutch financial group SNS Reaal   said on Monday it will acquire the Dutch insurance  operations of France&#39;s AXA  for 1.75 billion euros  ($2.35 billion), which will be partly funded by an equity  issue.
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France is selling almost half its stake in Air France KLM, in a deal set to raise at least 700 million euros ($933 million), sources close to the operation said.
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The French government said Thursday it is selling a 17.7 percent stake in Air France-KLM, the world's largest airline, in a move that will help the state reduce its debt and scale back its influence on the Franco-Dutch carrier.
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France's atomic energy regulator is prepared to sell shares in nuclear reactor maker Areva  to help the regulator's financing, the head of the organization told newspaper La Tribune.
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A â¬700 million (Â£484 million) stake in Air France-KLM was put up for sale by the French Government yesterday, as part of an effort to more than halve its holding in the carrier to below 20 per cent.
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French state-owned energy company Gaz de France is going to sign a contract Monday to take a controlling stake in Romanian gas supplier Distrigaz Sud for about 330 mln eur, company CEO Jean-Frangois Cirelli ...
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October 4 - Greenpeace has been summoned to appear in the Cherbourg Court tomorrow, where it will face a request by Areva, through its subsidiary Cogema, and British Nuclear Fuels Ltd (BNFL), for an injunction ...
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THE French government accelerated its privatization effort yesterday, saying that it would sell as much as 12.1 percent of France TÃ©lÃ©com, the former state monopoly, and take its stake
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PARIS - France said Wednesday it plans to sell about one-third of Areva SA in a partial privatization of the state-owned nuclear group.
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French IT and consulting group Cap Gemini expects to raise 455-500 million euros (605-665 million dollars) from a capital increase.
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LONDON (CBS.MW) - Speculation grew Friday that the French government is actively working to create a European defense giant to better compete with Boeing after a French newspaper said EADS is nearing a take-over of Thales.
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Russia's Gazprom will supply gas directly to French homes for the first time as part of a deal with Gaz de France.
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French oil company Total said on Wednesday it was taking a 25 percent stake in Russia&#39;s biggest independent gas producer, Novatek, in a deal that industry sources said was worth about $1 billion.