GDF ordered to hold board meeting on EU objections to Suez merger
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French gas utility Gaz de France has been ordered by a Paris appeals court to hold a board meeting Friday on objections posed by the EU Commission to its proposed merger with Suez, after labor unions challenged the group's claim that a meeting was not immediately necessary.
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Euronext  shareholders are  due to approve a $14 billion plan to merge with the New York  Stock Exchange  and create the first transatlantic  bourse. But some opponents may cause heated discussions at a  meeting on Tuesday.
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Tony Blair will fight to keep Peter Mandelson as Europe&#39;s trade commissioner when leaders gather in Rome today to discuss the crisis gripping the European Union.
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French energy group Suez is considering proposing a share swap deal to GDF to keep faltering merger plans on track.
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Talking tough in her first public appearance since becoming Europe&#39;s competition commissioner, Neelie Kroes blocked a merger in Portugal&#39;s energy industry on Thursday and
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No merger proposal has been submitted to the boards of French defense company Thales SA and European aerospace consortium EADS despite reports the French government is interested in a linkup, Germany Economics Minister Wolfgang Clement said Tuesday.
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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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Neelie Kroes, the EU&#39;s controversial new competition commissioner, yesterday signalled to the French authorities that she would block any attempt to protect France&#39;s energy market by engineering a merger between its state-owned electricity and gas groups.
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European Union ministers met Friday to consider whether to switch to full public funding for the problem-plagued Galileo satellite navigation system after a consortium of eight companies, charged with building the project, failed to make headway.
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BRUSSELS -- The European Commission has confirmed that it wants to reach a decision on Oracle Corp.âs hostile bid for PeopleSoft Inc. before the end of October, prompting speculation that it will approve the merger.
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The proposed merger of French energy group Suez and state-owned Gaz de France faced a delay of at least several months after an appeals court ruling in favour of trade unions.
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The Deutsche Boerse wants to convince  London Stock Exchange management over the next two to four  weeks to back its offer to buy the business, a supervisory  board member told Reuters on Sunday.
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European stock market regulators are concerned that a possible takeover of the London Stock Exchange by its Frankfurt rival Deutsche Boerse would make regulation in the sector more difficult, the Committee of European Securities Regulators said.
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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.
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A French court rejected an appeal from Gaz de France to allow a board meeting in which the company had been expected to complete its contested merger with the utility giant Suez. The appeals court in Paris upheld a judgeÂs decision supporting a request by Gaz de FranceÂs workers for more time to examine the deal before the board is allowed to meet to vote on it. The initial court ruling came 24 hours before the Gaz de France board was to meet on the deal. Any prolonged delay could endanger plans by the two companies to merge.
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The Deutsche Boerse wants to convince London Stock Exchange management over the next two to four weeks to back its offer to buy the business, a supervisory board member told Reuters on Sunday.
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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.