Wednesday, May 23, 2007

Gaz de France Merger With Suez Makes Sense, Should Be Pursued, Chief Says

(Bloomberg) -- Gaz de France SA, the operator of
Europe's biggest natural-gas network, said a merger with Suez SA
would make ``industrial sense'' and should be pursued.

Progress on the merger of the two Paris-based utilities is
expected in the ``coming weeks and months,'' GDF Chief Executive
Officer Jean-Francois Cirelli said at the company's annual
shareholders meeting today.


Read more at Bloomberg Energy News

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