TITLE

GDF/Suez deal sails into troubled waters

AUTHOR(S)
Milne, Roger
PUB. DATE
December 2006
SOURCE
Utility Week;12/15/2006, Vol. 26 Issue 14, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the problems facing the proposed merger between French utility companies Gaz de France (GDF) and Suez. Suez chairman Gerard Mestrallet encouraged the board of directors to consider other options such as possible share swaps. A French court prohibited the companies from implementing a merger before July 1, 2007. The French government enacted a legislation that will allow it to reduce its stake in GDF.
ACCESSION #
23611556

 

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