Paris leaps to defense of Danone against Pepsi
Article Abstract:
Despite the fact that the French government is only officially allowed to prevent takeover bids from taking place in industries that are linked to national defense and security, government officials and politicians are speaking out against a bid expected from U.S.-based PepsiCo Inc. for purchase of the French food and beverage giant Danone S.A. The position of European antitrust commissioner Neelie Kroes on the issue of government intervention to prevent acquisitions by foreign bidders in European countries, is discussed.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
In France, business goals diverge
Article Abstract:
France has moved to protect strategic companies from foreign acquisition with a list of ten sectors. While thwarting foreign investment, it's domestic sector is strengthening through foreign acquisitions. Compagnie de Saint-Gobain S.A. of France bid 3.68 billion Pounds ($6.57 billion) in a hostile takeover attempt of plasterboard manufacturer BPB PLC of the United Kingdom.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
France's stocks are very popular (but you're not)
Article Abstract:
The Paris stock exchange is a success, outperforming the United States and most European markets this year. According to the CAC Index, the securities market is up 19 percent and foreign investment market capitalization is 44 percent up from 33 percent in 1997.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Pepsi Fire Refresco de Cola. Pepsi X Energy Cola - new country. Qibla Cola Soft Drink
- Abstracts: Friole Cafe Bebida Refrescante con Cafe. Nescafe Taster's Choice Golden Touch Coffee
- Abstracts: Tohato Dessert Chocolate Sweet Cookies. Tohato Strawberry Caramel Corn. Tohato Peabeans Snack
- Abstracts: Stocks retreat 1.2% in Germany. Forecast gets brighter for stocks in Germany
- Abstracts: Wave motion clears bilges! New hauling system's faster sets. Turkish ship's biggest Volvo Penta diesel