France to expand public stake in nuclear giant Areva to 35-40 pct
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PARIS : The French government will further privatise Areva in the first half of 2005, bringing the listed capital to 35-40 percent of the world&#39;s leading civilian nuclear energy group, Economy Minister Nicolas Sarkozy revealed.
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PARIS : French oil group Total said it had signed an agreement to acquire a 25 percent stake plus one additional share in Russian natural gas producer Novatek, without disclosing the financial terms of the deal.
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Scandal-hit bank Societe Generale unveils plans to sell shares at a 40% discount to raise 5.5bn euros.
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A consignment of US weapons-grade plutonium began a north-south road journey across France to be turned into fuel to make electricity by Areva SA, the world&#39;s biggest maker of nuclear reactors, Greenpeace France said.
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French state-run company Areva  (CEPFi.PA) has unexpectedly agreed a $5 billion deal to build  two nuclear power plants in China weeks after a U.S. rival  appeared to have won a competition that dragged on for more  than two years.
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SRF to take control of Neuf Cegetel France's second largest network operator SRF has notified Neuf Cegetel, in which SFR already holds a 40 per cent stake, of its intention to buy up a controlling interest in the company. This will take the form of another 30 per cent, currently owned by the Louis Dreyfus group.â¦
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Volkswagen AG said Tuesday it has increased its stake in German truckmaker MAN AG to nearly 30 percent, a move that would give it a better say in guiding the company toward a friendly alliance with Swedish truckmaker Scania AB.
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The planned merger between pan-European stock market Euronext and the New York Stock Exchange would allow France to boost its role in the financial world, NYSE chief executive John Thain said in the French press.
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Serbia backs a major energy deal that further boosts Russian dominance of Europe's gas supply.
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French advertising group Publicis said on  Thursday it had bought a 49 percent stake in interactive  marketing agency Business Interactif and would make a public  offer for the rest of the company.
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BOLLORE, the sprawling holding company of French corporate raider Vincent Bollore, has upped its stake in advertising group Havas to 10.
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Banco Santander Central Hispano, Spain's leading bank, said it had raised its stake in Auna, the country's second-largest telecommunications group, to 32.08 percent from 27.34 percent.
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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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Royal Dutch/Shell Group on Wednesday announced a &#36;150 million increase in the amount of money it will spend in 2004 on exploration and production in Europe, bringing the total to &#36;1.8 billion.
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European equities were higher on Friday, led by French power supplier EDF after a court criticised government energy tariff controls.
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The French state-run company Areva has unexpectedly agreed to a $5 billion deal to build two nuclear power plants in China.
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Japanese automaker Toyota Motor Co. said Tuesday it will to invest an additional 17.8 million euros (&#36;22 million) at its French production plant, citing record sales in Europe.