Wednesday, May 23, 2007

France's GDF Says Delayed Merger With Suez Still Remains Its Best Option

(Bloomberg) -- Gaz de France SA, the operator of
Europe's biggest natural-gas network, said a merger with Suez SA
remains its `best option' even though the company's future
doesn't depend on a tie-up going ahead.

The planned 42.7 billion-euro ($57.3 billion) merger with
power and water company Suez can't be completed before July, the
country's highest court ruled in November. President Nicolas
Sarkozy raised doubts during his recent presidential campaign
that he would go ahead with it.


Read more at Bloomberg Energy News

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