Decree No. 95-841 of July 17, 1995 (JO July 18, 1995), adopted pursuant to Law No. 93-923 of July 19, 1993 concerning privatisation's, decided to proceed with the transfer from the public to the private sector of the majority interests held directly and indirectly by the French State in the Compagnie Generale Maritime, Pechiney and the Regie Nationale des Usines Renault. A communique, from the Ministry of Economy and Finance dated July 13, 1995 specifies that the first operation will call on purchasers outside of the stock market, while the latter two operations will be carried out in accordance with financial market procedures.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances. For additional information contact Claire Acard or Joseph Smallhoover on 33/(1)/55 61 10 10 or enter text search: "Archibald Andersen", and "Business Monitor". The members of Archibald Andersen Association d'Avocats (S.G. Archibald and Arthur Andersen International) are registered with the Hauts-de-Seine Bar and the Lyon Bar.
See More Popular Content From