France stops Coca-cola deal for Orangina

Article Abstract:

Coca-Cola Co.'s plan to acquire French soft-drink company Orangina from Pernod-Richard SA was turned down by the French government. The proposed five billion French-franc ($880 million) purchase was rejected following recommendation of French antitrust authorities that the deal would potentially limit competition in the carbonated soft-drink market. Although Coca-Cola officials expressed disappointment over the decision, they remain optimistic that the deal will eventually be completed. According to a Coca-Cola spokesman in Atlanta, GA, the softdrinks giant is considering its options, including review of the terms outlined by the French government for the deal to be approved.

Comment:

Plan to acquire French soft-drink company Orangina from Pernod-Richard SA has been turned down by the French government

Canned & Bottled Soft Drinks, Soft Drink Manufacturing, France, Soft drinks, Coca-Cola Co. (Atlanta, Georgia), Article

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Vivendi shareholders gather as company faces U.S. suits

Article Abstract:

Vivendi SA is facing lawsuits in the US for allegedly making illegal payments to US Filter Corp. executives. Vivendi is accused of using the payments to gain the executives' support for its acquisition of US Filter.

Legal issues & crime, Water Supply and Irrigation Systems, Electric, Gas & Water Utilities, Utilities, Water supply, ELECTRIC, GAS, AND SANITARY SERVICES, Water Utilities, Cases, Energy industries, Energy industry, Public utilities, Vivendi Universal S.A., United States Filter Corp., USF

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France to Decide On UMTS Licenses

Article Abstract:

Universal mobile telecommunications systems, UMTS licenses will be issued by the French government. The debate is whether they should go to the highest bidder.

Radio & TV communications equipment, Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing, Mobile Radio Systems, Management, Laws, regulations and rules, Wireless communications, Telecommunications equipment industry, Telecommunications, Telecommunication

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