BUSINESS DAILY - French government extends veto powers over foreign takeovers

  • 10 years ago
France’s economy minister Arnaud Montebourg has signed a ministerial order which extends the government’s powers to veto foreign investment in French companies. French ministers are watching closely as engineering giant Alstom considers a €12.35 billion bid for its power generation business from General Electric. Also today: a tale of two economies as Germany’s growth outshines its neighbour France.

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