SUEZ – GAZ DE FRANCE
- From: Vol 7, Issue 12 (December 2006)
- Category: Need to know
- Region: Unspecified
- Country: France, Saudi Arabia and United Arab Emirates
- Related Companies: ACWA Power, Doosan Heavy Industries, Fisia Italimpianti, Gaz de France, Hyundai Heavy Industries, SembCorp Utilities, SETE Technical Services, Siemens, Suez and Veolia
* The Suez – Gaz de France merger is getting silly.
The French courts ruled on 30 November that the merger could go ahead in principal, but not until the European energy market is opened to competition in July next year. Immediately the two sides set about looking for alternative ways of tying the knot, but GdF reportedly turned down a proposal for Suez to acquire 30% of the company. Unless ...
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