Suez GDF merger stalled by unions
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The merger between French utility firm Suez and state-run Gaz de France is postponed after a legal ruling.
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Transport strike keeps broad-based incomes talks at standstill The deadline for a broad-based incomes agreement is being pushed back by the ongoing transport strike.
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Merger talks between May Department Stores Co. and rival Federated Department Stores Inc. reportedly have ended after the two retailers could not agree on how much Federated would pay for May.
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Shares in the Italian motorway operator Autostrade have been suspended from trading on the Milan stock exchange pending the release of a statement as its shareholders met to decide on a merger with a Spanish group.
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Advertising giant WPP's purchase of Grey Global is temporarily put on hold after files submitted to EU regulators were found to be incomplete.
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JOHANNESBURG, SOUTH AFRICA - Harmony Gold Mining says it will try to block Gold Fields International&#39;s merger proposal with Toronto-based Iamgold, despite a South African court ruling prohibiting it from doing so.
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The boards of French energy group Suez and state-owned Gaz de France (GDF) approved at separate meetings Sunday a merger creating a new European power giant, participants told AFP.
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The two main political parties in Israel have hit an obstacle in their talks on forming a government of national unity. Israeli officials had expected a deal yesterday between the Likud Party of Prime Minister Ariel Sharon and the Opposition Labour Party.
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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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Volkswagen AG, Europe&#39;s largest carmaker, and the IG Metall union said they made no progress in their first negotiating session on a new contract and it will be difficult to reach an accord.
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PARIS, Sep 15 (IPS) - Following nearly two years of squabbling, this  month Franceâs national gas utility, Gaz de France, finally  agreed to team up with the Franco-Belgian utility Suez, to create  an energy behemoth with some 72 billion euros in revenue.
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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 boards of state-owned Gaz de France and utility giant Suez SA were meeting Sunday night to discuss a new merger deal, as expectations grew that an agreement on the long-stalled tie-up was imminent.
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French unions won a legal bid to postpone a crucial board meeting of Gaz de France  on its planned 80 billion euro ($102.5 billion) merger with utility Suez , dealing a blow to the government-backed deal.
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Italy's centre-left government has blocked a proposed merger between Autostrade and the Spanish company Abertis which would have created the world's largest toll road operator.
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The French government could be about to unveil a mooted merger of state-owned Gaz de France and private utility group Suez, the newspaper Le Figaro said Wednesday in a report denied by the country&#39;s economy minister.
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French energy group Suez and state-owned Gaz de France (GDF) were believed Sunday to be on the brink of announcing a long-delayed merger to create a new European power giant.