A new French energy monolith worth over $120 billion took shape Monday, with state-owned Gaz de France and Franco-Belgian Suez finally agreeing to merge after 18 months of fierce debate and ...
24 January 2007 – The troubled merger between Gaz de France (GdF) and French utility Suez took a new turn last night, with GdF announcing a new timetable for the €78bn ($101 bn) deal, saying ...
The recently announced merger between Franco-Belgian private utility Suez and French public utility Gaz de France is a calculated assertion of French business interests. Faced with growing ...
French gas and power provider GdF-Suez--which was successfully forged out of two companies by the French state last year--said on Monday it was on track to achieve earnings targets for 2008 and to ...
20 September 2007 – The French state will take a so-called “golden share” in the to-be-merged energy group of Suez and Gaz de France to prevent sales of GDF assets like gas infrastructure, Finance ...
After almost two years of talks, GDF Suez chief executive Gérard Mestrallet closed a merger with the U.K.’s International Power on February 3. Agreed upon last August, this $23.4 billion reverse ...
PARIS/LONDON, April 16 (Reuters) - French utility GDF Suez took full control of Britain's International Power on Monday through a sweetened offer of 6.4 billion pounds ($10.2 billion), leaving the ...
PARIS – State-backed Gaz de France SA is buying energy and water supplier Suez SA for more than $46 billion in cash and stock, seeking to fend off a possible bid for Suez by Italy’s biggest power ...
After completing its full acquisition of International Power in June, GDF Suez (GDFZY.PK) now owns the largest independent power generation portfolio in the world with 117 gross gigawatts of capacity.
The trading arm of China National Offshore Oil Corp (CNOOC) struck a three-year lease for a bigger floating storage and regasification unit (FSRU) from Hoegh LNG as it seeks to boost imports of ...
PARIS—GDF Suez SA Wednesday announced a partnership with sovereign-debt fund China Investment Corp. as the French power group looks to ally with Chinese utilities and tap into the lucrative Asian ...