French farce with an unhappy ending

Christopher Gasson looks at who has come out worse from the Suez/Gaz de France merger.

It is difficult to say which of the French water companies comes out worse from the debacle of the Suez merger. It certainly looks very bad for Suez itself. The merger with Gaz de France may make sense from the perspective of the French energy market, but it looks horrible from the perspective of the international water market. How can ...

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