France to partially privatise nuclear giant Areva
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The French government will further privatise Areva in the first half of 2005, bringing the listed capital of the world's leading civilian nuclear energy group to 35-40 percent, Economy Minister Nicolas Sarkozy revealed.
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French companies Areva, Total and Suez are involved in plans to build two third generation nuclear plants in the United Arab Emirates, Jazeera Television said on Sunday.
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French telecommunications operator France Telecom is to pass into private hands, with the state cutting its stake below 50% to cut the national debt two years after helping the group dig itself out of a corporate debt crisis.
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CHERBOURG, France : A ship carrying 140 kilograms (308 pounds) of deadly plutonium from weapons arsenals in the United States docked in the French port of Cherbourg, the Areva nuclear processing company announced.
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CHERBOURG, France  - A heavily guarded convoy of  vehicles believed to be transporting U.S. weapons-grade  plutonium left a plant in northern France on Thursday for a  recycling factory 660 miles southeast.
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The French government today announced plans to sell a 9.6 per cent stake or 236 million shares in France Telecom via a placement to institutions, in a bid to reduce public debt.
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The European Union is confident of a deal on Tuesday for France to host a &#36;12 billion global nuclear fusion project after Japan signaled it would give up its bid in return for compensation, an EU source said on Monday.
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The French state-owned company Gaz de France announced that it would merge with the utility Suez to create one of the worldâs largest energy groups.
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French lawmakers voted Tuesday to approve legislation to privatize Gaz de France, helping clear the way for the natural gas company's state-backed merger with Suez SA.
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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.
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The French government said it would sell part of its 44 percent stake in Air France-KLM, the recently combined airline group.
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The French state will take a so-called &quot;golden share&quot; in the to-be-merged energy group of Suez and Gaz de France to prevent sales of GDF assets like gas infrastructure, Finance Minister Christine Lagarde said on Wednesday.
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The French government expects to reach a decision on the merger of state-controlled Gaz de France with private energy group Suez by the end of September, the government spokesman said Wednesday.
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The French state yesterday sold close to half its stake in Air France-KLM, Europe&#39;s biggest carrier, cutting its share to around a quarter, in a fresh effort under new finance minister HervÃ© Gaymard to slash its debt and budget deficit below the eurozone
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Russian natural gas monopoly OAO Gazprom said it has chosen France's Total SA as a partner to develop the giant Shtokman gas field in the Barents Sea.
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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.
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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.