Edition:
United States

Benoit Van Overstraeten

UPDATE 1-French group Thales targets higher profit margin of up to 12%

Oct 03 2019

PARIS, Oct 3 Thales targeted raising its operating profit margin to 11.5%-12% by 2023 following its recent acquisition of chipmaker Gemalto, the defence company said at an investor day.

France's EDF to close Fessenheim nuclear plant next year

Sep 30 2019

PARIS French power group EDF said it planned to shut the country's oldest nuclear plant in Fessenheim earlier than planned and that the French state would make an initial compensation payment of around 400 million euros ($438 million).

Casino in talks to sell discount chain Leader Price to Aldi

Sep 19 2019

PARIS Debt-laden French retailer Casino is in talks to sell its French discount store chain Leader Price to German low-cost rival Aldi [ALDIEI.UL], Casino said on Thursday.

Carrefour's Brazil unit seeks up to $1.7 billion in IPO

Jun 28 2017

SAO PAULO/PARIS French retailer Carrefour SA's Brazilian unit has filed for an initial public offering that could raise 4.5 billion to 5.6 billion reais ($1.4 billion to $1.7 billion) next month, making it Brazil's biggest listing in over four years.

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