Suez proposes reverse takeover to speed GdF deal

Suez has proposed launching a reverse takeover of Gaz de France to the French government, in a bid to resurrect the stalled €34.7bn ($46.6bn) utilities merger.

La Figaro reports that water and electricity utility Suez has lobbied the government with the new takeover plan in a bid to expedite the deal, which was agreed in February last year.

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