france alstom shareholder bicker over price of 20 stake
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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France, Alstom shareholder bicker over price of 20% stake

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Arab Today, arab today France, Alstom shareholder bicker over price of 20% stake

Alstom Thermal
Paris - SPA

The final stance of France's government to the sale of Alstom's energy division depends on a deal between Paris and Alstom
shareholder Bouygues, President Francois Hollande said Saturday, according to dpa.
A requirement that the government gave Friday in backing the bid by
US-based General Electric against a joint offer from Germany's
Siemens and Japan's Mitsubishi Heavy Industries was that the
government acquire a 20-per-cent stake in the spinoff, which would
make it the biggest shareholder. It intends to buy that stake from
Bouygues.
At the moment, the government and Bouygues are discussing what the
price of those Alstom shares will be, Hollande said.

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france alstom shareholder bicker over price of 20 stake france alstom shareholder bicker over price of 20 stake

 



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