General Electric Co's (GE.N) $16.9 billion purchase of the power assets of France's Alstom (ALSO.PA) is on pace for closing in the middle of next year after passing several steps, the head of GE's power business said on Wednesday.
Canadian pension fund PSP Investments and its partners have agreed to buy the French operations of telecoms masts group TDF in a deal worth about 3.5 billion euros (4.40 billion US dollar), people familiar with the matter said.
The French government gave the green light on Wednesday for General Electric's (GE.N) planned 12.4 billion euro ($15.6 billion) purchase of most of Alstom's (ALSO.PA) power business.
France's Danone (DANO.PA), battling local rivals for a larger share of China's booming baby milk market, has invested $550 million in formula maker Yashili International Holdings, further reducing its dependence on slow growth Europe.
The European Commission provisionally accepted the budgets of France and Italy, saying on Tuesday that no euro zone states had submitted deficit plans for next year that seriously breached EU rules for fiscal stability.
Tanzania has held talks with France's Total (TOTF.PA) and Britain's BP (BP.L) over oil and gas exploration, its energy ministry said on Saturday, aiming to add to major companies active in its thriving energy sector.
British engineer Rolls-Royce said on Friday it has finalised a deal to create a joint venture which will design and develop accessory drive train transmissions for all of the company's future civil aircraft engines.
Auto parts maker Delphi Automotive Plc (DLPH.N) is looking to sell its business that makes heating and cooling systems for cars, and will seek as much as $1 billion, Bloomberg reported, citing people with knowledge of the matter.
Generic drugmaker Actavis Plc and France's Sanofi SA are among the suitors for privately held Omega Pharma NV [COUCKO.UL], Bloomberg reported, citing people familiar with the matter.
French telecoms group Orange (ORAN.PA) has lowered the threshold of shareholder backing it needs in order for its 3.4 billion euro ($4.36 billion) offer to buy Spanish operator Jazztel (JAZ.MC) to go through.
South Africa has signed a nuclear power agreement with France, the government said on Friday, three weeks after it reached a similar deal with Russia as part of Pretoria's first tentative steps towards building up to 9,600 MW of nuclear power.
Air France-KLM is pressing ahead with expansion of its low cost brand in France and has a back-up plan if a deadlock with pilots continues, its Chairman and Chief Executive Officer Alexandre de Juniac said in an interview published on Sunday.
France will tax drugmakers whose costly hepatitis C drugs threaten to throw off course its healthcare budget, the government has said, heaping pressure on pharmaceutical companies like Gilead Sciences to cut their prices.
Italian tycoon Andrea Bonomi has written to directors of his bid target Club Mediterranee (CMIP.PA) asking for updated financial information, a letter seen by Reuters shows, in a sign he still hopes to win control of the French holiday company.
Venerable old airlines Lufthansa (LHAG.DE) and Air France (AIRF.PA) know the smart money is in the low-cost market –Ryanair (RYA.I) raised its forecasts again on Thursday - but powerful labor unions are keeping them from the bounty.
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