DIFFICULT SALES
- From: Vol 5, Issue 11 (November 2004)
- Category: Need to know
- Region: Unspecified
- Country: Spain and United Kingdom
- Related Companies: Augean, Mitsui & Co., NM Rothschild and Saur/Bouygues
Rothschild must feel like destroying the French Airforce in retaliation for the French army blowing up the Ivory Coast Airforce earlier this month.
The bank is currently trying to close the sale of Bouygues’ water subsidiary, Saur. The unit has six million water customers in France, but nine million electricity customers and 8.4 million water and sewerage customers in the Ivory Coast. Prospective buyers no doubt relish the prospect of carrying out due diligence as the Foreign Legion evacuate French citizens from ...
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