WITH FRIENDS LIKE THESE
- From: Vol 7, Issue 6 (June 2006)
- Category: Need to know
- Region: Unspecified
- Country: France
- Related Companies: Electrabel, Enel, FCC, SembCorp Utilities, Suez, Veolia and Vinci
* The Suez-Gaz de France merger has taken a bizarre twist with GE Energy Financial Services (EFS) president and CEO Alex Urquhart telling Reuters that it might be interested in Suez’s water assets.
Sentiment seems to be turning against the deal with Gaz de France going ahead, with French interior minister Nicolas Sarkozy saying there was a “great danger” that the deal to create a €72 billion (£50 billion) French energy giant would never happen. Enel meanwhile confirmed that it has not completely ruled out a bid for Suez, and in that scenario ...
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