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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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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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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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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European equities were higher on Friday, led by French power supplier EDF after a court criticised government energy tariff controls.
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French President Nicolas Sarkozy confirmed on Sunday plans to sign a nuclear cooperation agreement with the United Arab Emirates amid reports French firms could construct up to two nuclear reactors there.
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France is to increase pension payouts to war veterans from its former colonies, the government says.
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Shares in British Gas-owner Centrica rise 4% on speculation it could be a target for Russian gas giant Gazprom.
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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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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 chief executive of state-controlled French electricity giant EDF said Tuesday that the sale by the government of a further stake in the group would be &quot;good news.&quot;
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Speculation of a British bid for Societe Generale, in the face of French opposition to a foreign takeover, pushed shares in SocGen up sharply on Wednesday nearly two weeks after it was plunged into a rogue trading scandal.
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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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Russia will seek to raise at least 246.75 billion rubles ($8.6 billion) by selling a majority stake in OAO Yukos Oil Co.&#39;s main oil-producing unit next month, the Federal Property Fund said.
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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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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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French nuclear giant Areva, oil company Total and utility group Suez have reached agreement on plans to build two next generation nuclear power plants in Abu Dhabi, Total said Monday.