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France's Sanofi opens research hub in China

2014-09-25 15:33:12| Biotech - Topix.net

The Shanghai facility will research and develop products in four broad areas - biopharmaceuticals, vaccinations, disease and animal health - in cooperation with other global hubs, French pharmaceutical giant Sanofi said. CEO of Sanofi Chris Viehbacher and Cao Xuetao, president of the Chinese Academy of Social Sciences, attend the Sanofi Asia Pacific R&D Hub launching ceremony in Shanghai.

Tags: research china opens hub

France's Total sells Utica assets to Korean companies for $450 million

2014-09-23 23:39:43| Oil & Gas - Topix.net

France's energy giant Total plans to sell its 25 percent interest in Cardinal Gas Services, a midstream company in Ohio's Utica shale play, to a group of Korean companies for $450 million. Total is selling its stake to Korean energy companies E1 Corp. and a consortium led by Samchully, for about $400 million, plus an estimated price adjustment of $50 million.

Tags: total companies million assets

Exclusive: France's Iliad sets mid-Oct deadline for T-Mobile US bid - sources

2014-09-20 02:56:52| Telecom - Topix.net

French low-cost telecom operator Iliad has set a mid-October deadline to decide whether to improve its bid for T-Mobile US or walk away as it faces resistance from seller Deutsche Telekom, several people familiar with the situation said. Deutsche Telekom, which owns 66 percent of the fourth-largest U.S. carrier, has doubts that Iliad will be able to improve the U.S. business since the French startup has no track record in the country, a source close to the German company's management said.

Tags: sources sets exclusive bid

France's EDRF to Use Itron as Supplier for First Phase of Smart Grid Deployment

2014-09-11 18:33:00| Transmission & Distribution World

Itron, Inc. has been selected by ERDF (Électricité Réseau Distribution France), electricity distribution network operator in France for its Linky smart grid program. read more

Tags: phase smart supplier grid