Arab Today, arab today france sells gdf suez stake in bid to raise funds for alstom buy
Last Updated : GMT 23:12:04
Arab Today, arab today
Arab Today, arab today

France sells GDF Suez stake in bid to raise funds for Alstom buy

Arab Today, arab today

Arab Today, arab today France sells GDF Suez stake in bid to raise funds for Alstom buy

GDF Suez up for sale
Paris - AFP

France's cash-strapped government on Tuesday put its 3.1-percent stake in energy giant GDF Suez up for sale, in a bid to raise funds to buy a controlling stake in Alstom.
At the close, GDF Suez shares stood at 20.80 euros, valuing the sale at 1.56 billion euros.
The proceeds from the sale of 75 million shares to selected investors "can be used to finance the state's purchase of a stake in Alstom," France's economy and finance ministers said in a statement.
France on Sunday clinched a deal to take a 20-percent stake in Alstom, a move aimed at preserving the country's strategic interests in the face of a bidding war for the engineering giant.
But analysts have questioned the move as the French government has been struggling to slash a budget deficit.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today france sells gdf suez stake in bid to raise funds for alstom buy Arab Today, arab today france sells gdf suez stake in bid to raise funds for alstom buy

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today france sells gdf suez stake in bid to raise funds for alstom buy Arab Today, arab today france sells gdf suez stake in bid to raise funds for alstom buy

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday