Henri Proglio and Gerard Mestrallet, the Frenchmen who run the world’s biggest utilities, fought for a decade to win water contracts around the world. Now, the rivalry goes nuclear.
GDF Suez SA, the biggest buyer of gas in Europe, is considering a bid for Repsol SA’s liquefied natural gas assets, according to Chief Executive Officer Gerard Mestrallet.
Suez Environnement is “sheltered” from a hostile takeover offer even though a shareholder pact will expire in less than two months, Chairman Gerard Mestrallet told investors today.
European Union leaders have taken the necessary steps to deal with Ireland’s debt crisis, Gerard Mestrallet, chief executive officer of French utility GDF Suez SA , said in an interview with Agefi.
"We want to discuss the totality of the tax system with the government."
- Gerard Mestrallet on Nov 13, 2014