French GDF, Suez agree to power merger
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France appeared to have removed a threat to one of Europe's largest energy deals on Sunday after the boards of Suez and Gaz de France voted on a politically charged merger delayed by disputes over strategy and control.
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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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Crown Prince Sultan bin Abdulaziz of Saudi Arabia and President Jacques Chirac of France were to sign a defence cooperation agreement at the conclusion of the prince's three day visit to Paris.
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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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French left-wing politicians vow to delay approval of a bill to privatise GDF, which would pave the way for a merger with fellow utility Suez.
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French parliamentarians are this week to begin debate on the privatisation of Gaz de France (GDF), which the government hopes will be the next step towards its merger with water and electricity group Suez and the creation of a European energy giant.
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The plan to create a giant French energy group with Suez and GDF was stuck in embarrassment and uncertainty after two days of setbacks made a merger this year unlikely.
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Lithuania and Poland are to sign a deal to link their power grids - an important step in Baltic-EU integration.
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Gaz de France and Suez on Monday cleared the way to create the world's third-largest electricity and gas company after their boards approved the revised terms of a politically charged merger.
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The proposed merger of French energy group Suez and state-owned Gaz de France (GDF) hit last-ditch problems amid shareholder wrangling and a court victory for trade unions which threatened to hold up the deal.
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Europe&#39;s main stock markets mainly rose Monday, but Paris shares were hit by news of a merger between utility giants Suez and Gaz de France.
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The Russian government has approved a plan for the merger of Gazprom_ Russia's largest company_and the state-owned Rosneft oil company, a news agency reported Thursday.
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Paris says it is confident the controversial Suez-Gaz de France merger will go ahead as the EU investigates it.
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French state-controlled energy giant EDF said Friday it had agreed to create a joint venture with US peer Constellation Energy to operate new nuclear power plants in the United States.
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Gdf-Suez, dopo Ue pronti per asset interessanti
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France appeared to have removed a threat  to one of Europe&#39;s largest energy deals on Sunday after the  boards of Suez and Gaz de France voted on a politically charged  merger delayed by disputes over strategy and control.
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France's Geophysique agrees to buy Veritas DGC, turning it into the world's biggest provider of oil search services.