RSS feedpinault
’Is Christie’s about to come under the hammer?
It’s just a whisper at the moment – delivered with conspiratorial hush – but it may well be the case that Francois Pinault is considering the sale of his Christie’s auction house.
The speculation is based on one obvious fact:
Pinault faces Suez bid deadline
François Pinault will next week be given a deadline by which the French billionaire must bid for Suez or abandon for at least six months his long-held ambition to acquire the French utility’s water and waste business.
Pinault keeping options open on Suez bid
François Pinault said yesterday he was keeping his options open regarding a potential bid for Suez, following speculation that he was seeking to gatecrash the French utility’s merger with Gaz de France.
CDS report: Suez prices rise as Pinault keeps options open
Credit derivative prices for Suez rose on Tuesday morning after French billionaire Francois Pinault declined to rule out making a takeover bid for the Franco-Belgian energy and water utility.
Five-year
Pinault close to revealing Suez hand
François Pinault, the French billionaire, is expected to shed some light on the long-running mystery of whether he is considering a controversial takeover bid for Suez. Pinault has been forced to show his hand by Suez,
Pinault lies in wait over Suez
The practical difficulties of merging Gaz de France and Suez appear to be giving François Pinault new hope of pulling off a bold takeover of the Franco-Belgian utility.
Events of the last few days have confirmed the impossibility of guaranteeing any merger deal ahead of the French presidential elections in spring.