Suez-GDF merger stalled by unions
The merger of French utility firm Suez and state-run Gaz de France has been postponed following a legal ruling. A union plea for the deal to be delayed until it had been studied further was upheld by a Paris court on Tuesday. The court also upheld a former ruling that the merger should be stopped until GDF's European works council had expressed its views on the deal. Union members and France's main opposition party say the merger will push energy prices up and cost jobs.
See "Suez-GDF merger stalled by unions", BBC News, BBC News Online, November 21, 2006