Keyword: takeover

French aerospace group Thales buys cybersecurity specialist Gemalto

Thales, which manufactures electrical systems for the aerospace and security markets and in which the French state owns a 25% stake, offered 4.76 billion euros for Dutch cybersecurity firm Gemalto and announced that no jobs are expected to be lost in the takeover.

Peugeot 'pledges to preserve Opel plants in Germany'

Press reports in Germany said French carmaker PSA, which is to buy up General Motors' European arm producing Opel- and Vauxhall-badged vehicles, has told the German government that all four Opel factories in the country would continue to operate, while PSA's chief executive is to meet British Prime Minister Theresa May over the future of Vauxhaull's plants.

France's Iliad abandons planned takeover of T-Mobile US

French telecommunications group Iliad has dropped its months-long attempt to gain majority stake in Deutsche Telekom's US subsidiary.

French minister unhappy about GE takeover of Alstom

France's economy minister expresses 'patriotic concern' at mooted takeover of French engineering giant Alstom by US firm General Electric.

Hollande says no state takover of Petroplus

French president rules out state takeover of insolvent oil refinery, a political hot potato, but says financial help is possible if buyer is found.