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Traders are convinced, Schneider Electric is about to start his tour in the waltz of mergers and acquisitions. Concordant sources, the industry group has approached Tyco International. Schneider Electric had made a bid of about $ 30 billion (about 20.76 billion euros) to encourage the Swiss group of safety and engineering to come to the negotiating table.

Information that contradicts this Wednesday, the group led by Jean-Pascal Tricoire. Management refutes indeed in a statement "to be currently in discussions with Tyco International over a possible strategic transaction." This does not mean that no discussions never took place.This is a formal response to rumors magnified the last three days about a possible interest of the French group to Tyco.

Now that he has denied being in negotiations with Tyco, Schneider Eclectric is forced by regulators to abandon any attempt for six months supply on the Swiss.

A Tyco spokesman confirmed to the press to have received an offer

The assumptions were yet in full swing this morning. And for good reason: this merger would make the new entity the world's leading security systems.

A Tyco spokesman confirmed to the Wall Street Journal that "the board is studying the proposal," he received with surprise. The Daily Telegraph said of his side as the board of Tyco has given the green light to a process of "due diligence" (consultative accounts).The two dailies ensure that JPMorgan and Bank of America Merrill Lynch attended Schneider Electric since September on this issue and that the most likely hypothesis was an offer in cash and securities.

Schneider Electric has even considered issuing the CEO Edward Breen of Tyco a seat on the board of the merged entity. But according to the Daily Telegraph, Tyco would not be willing to accept an offer below $ 65 per share.

At the NYSE, the title Tyco soared more than 7.4% to 52.33 dollars on the rumors and was thus valued at $ 24.8 billion (about 17.17 billion of euros). Conversely, in Paris, Schneider Electric has lost 3.5% to 112.90 euros per share, representing a capitalization of 30.70 billion euros.On two days, the title of the electrical equipment manufacturer has won more than 7.5%.

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"This is another step," said Chris Viehbacher, CEO of Sanofi-Aventis Business on BFM on Monday morning. A month and a half after formalized the acquisition of U.S. biotech Genzyme, the pharmaceutical company announced on Monday morning having met 84.6% stake in its target (number of shares), after the close of the offer on April 1.

For late or indecisive, Sanofi-Aventis has announced the reopening for four days after the offer of 74 dollars per share, beginning this Monday, April 4 and April 7, 2011 Termier at midnight, Paris time. With this announcement, Sanofi-Aventis loop thus one of the most difficult acquisitions in its history. More than eight months of stock market battle will have been necessary to convince the board of directors of Genzyme.

End of an eight-month battle Market

More than the interest of the reconciliation, Henri Termeer, Genzyme's CEO questioned the price offered by the French, hoping to raise up the auction. A successful challenge, the champion tricolor pharmacy having finally sold, raising its offer from 69 to 74 dollars per share, together with a certificate of conditional value (TRC).It could reach 14 dollars per share based on sales performance of Cerezyme and Fabrazyme, two major products of Genzyme, which has experienced serious production problems, but especially those of Lemtrada, developed an anticancer drug against multiple sclerosis, and could become a future blockbuster (drug of over one billion euros in annual sales) no faxing 1 hour payday loans.

So it's a big step forward for Sanofi-Aventis, which has just spent over $ 20.1 billion to afford the latest nuggets still independent of biotechnology. And this redemption, the laboratory with one stone two birds, reinforcing both in biotech, where despite efforts in recent years, he remained behind. In addition, Sanofi-Aventis is increasing in rare diseases, where it was virtually absent.

Preserve the culture of Genzyme

"This operation is Sanofi-Aventis the world leader in biotechnology, alongside our leadership position in vaccines, has also said Chris Viehbacher Business on BFM this morning. For if the French had been dethroned in 2010 by GlaxoSmithKline in the sector, it still aims to double its sales of vaccines for the period 2008-2014, to bring them to more than 5.7 billion euros.

In the meantime, the acquisition strategy very offensive Viehbacher crisis should be put in parenthesis, the leader now want to concentrate on the restructuring of research and development. A crucial step in integration, when we know that the corporate culture of biotechnology in particular is one of the key success factors.The rush too hastily would then lose to Sanofi-Aventis which is the productivity of research teams of its target.

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In Paris, "a huge chunk of land is common property and land opportunities map does not exist," warns Michael Korsakoff, General Secretary of the Club property developers and land in Ile-de-France (CDIF). If the local development plan (PLU) gives clues to the land of gators, the mutation sites remains difficult to predict. So when a nugget of land is finally identified, "we all meet, as sponsors, on the same projects," says Veronica Guillemin, President of the CDIF. The bidding has become very difficult to measure … "In addition from 3000 € / m2 GFA (Gross Floor Area Net, that is to say actually building), the price of land flies. In a recent vast wastelands of Paris, in the heart of the new district of Batignolles (XVII), the City of Paris ceded the end of 2010 to Cogedim land to 3 800 € / m2 floor area.There are apartments sold off-plan more than 8000 € / m2. Their delivery is expected in 2012, this eco-neighborhood in saving energy. Some buildings will peak at 50 meters, 37 meters beyond the date authorized. The future high court will reach even 200 yards on the ground of a former station. Altitudes deemed inefficient, but that may be authorized by the latest changes in the local plan, currently subject to public inquiry.

In Paris, the property is seeking a future in height. Future but also social. In the eleventh, boulevard de Charonne, 8000 m2 of a former industrial site will give birth to 100 housing units in 2014. Meanwhile, in the thirteenth, a EcoZac flourish on the site of the former goods station at Rungis, which will combine offices, housing and social amenities.In the hunt to land, the BIA (concerted development zones) is cut, it will be understood, the lion's share. Social housing too. Yet in 2001, only the wide range of Paris left bank was a planning area. Teams of the Deputy Mayor of Paris responsible for Housing, Jean-Yves Mano, are on the lookout for the slightest bit. The intervention service division of the Directorate of Planning does not hesitate to preempt. "Provided that motivate the right of first refusal by a social housing project or general interest, it says there. In 2010, 11,831 declarations of intent to dispose (DIA) have been investigated. But only 2736 cases were studied with a magnifying glass, which led to 68 preemptions. "It is far less than in 2009 (93), and especially in 2008, where 146 pre-emptions had been decided …The City Council did, too, the cost of soaring prices, despite an annual budget of preemptions for 100 million euros. In the eighth, the response service to acquire land abandoned building, too expensive.

Paris could catch up by 2014 its backlog in social housing, with six years ahead of schedule. "10% of the space are changing urban Paris, Jean-Yves Mano evaluated. But a hundred other plots may be subject to negotiations, which we could consider 15,000 homes … "The City Council has established in recent years, the list of forty car repair garages … Rue de la Pompe in the sixteenth century, Renault has sold one at Sodearif, a subsidiary of Bouygues. Another avenue Mozart, should follow the same path … Each time, the City negotiates affordable housing, at least half of the program.Private developers and public donors, however, working in concert. Despite political tensions in the sixteenth century, several other sites, blocked for years by the use of residents, should result in parallel, such remedies being depleted low fee payday loans. In the key housing, particularly social services.

Committed to a policy of transfer tax, the state adds its contribution to the transformation of land in Paris. According to Jean-Martin Delorme at the regional and inter accommodation and housing (DRIHL), "in 2009, the state has allocated so that the land can be built 329 homes, including 194 social.In 2010, participation has increased, so that 1302 units are produced, of which 859 social. "In 2011, the state has spent on housing in Paris a bigger budget (100 million) for the regions and Rhone-Paca Alps combined.

Buildings over bus depots

Nothing would do but without the SNCF and RATP Réseau Ferré de France (RFF). Heritage Land SNCF? 156 hectares. That of RATP? 260 hectares. As to RFF, the second landowner in France with 103,000 hectares of land. "The RATP has today more than empty land," assures yet Rémi Feredj, director of space and heritage of the RATP, which helped in the 90s, building programs Montsouris, in the nineteenth, in the seventeenth and twentieth. And yet today, boulevard Jourdan, RATP still collaborates with the City of Paris for 200 housing units and 350 students.The buildings rise above a bus depot. Technical prowess. "Here in the twentieth, opposite our office, we will bury another repository, then build on top of offices, a school and a nursery," said Remi Feredj. RATP therefore maintains depots and workshops in Paris, but imagine a new land, while overlays and juxtapositions. Street Desnouettes (fifteenth arrondissement), 47 units will emerge behind a business unit of the metro line 12. According to a performance contract with the state, RFF is committed to mobilizing its land for 1.2 billion euros over five years between 2008 and 2012. Goal: Create 15,000 units in France. A private operator, Pitch Promotion, for example, already won in late 2010, a site RFF Street Castagnary (fifteenth arrondissement). Other rail sites could still mutate, in the twelfth, eighteenth, and nineteenth arrondissements.In all, "1 million square meters of floor area to fifteen years," we are assured at RFF. Meanwhile, in the nineteenth century, a new station-Gospel Aeolus will come with the added bonus of 27,000 m2 of offices and 1000 m2 of shops.

Meanwhile, to release more land more quickly, experts, to the State, reflect on fiscal measures. They are looking to reverse the plan capital gains and taxing landholders refusing to sell them. Tax on undeveloped land is not very effective. "We could consider increasing the property tax on developable land," suggested Poirot Pascale, president of the National Union of developers developers (Snal). Some suggest a tax on the minimum density.More iconoclastic imagine "to add another floor to Paris buildings, because very sparsely protected," recalls Henry Buzy-Cazaux, honorary president of the Institute of Management of real estate services.

The city of Haussmann has long obeyed an ideal city less dense, difficult to reconcile with the height of land planners in the twenty-first century. "You could also consider a rationalization of action, often abusive, hampering construction projects", he explains. An idea that engages players from all sides of the ruthless world of land development.

After two sluggish years, the hospitality industry, took over the colors. A study of European Statistician, Eurostat, published on Monday, 1.6 billion overnight stays were booked in 2010 in various hotels of the countries of the European Union. This figure, an increase of 2.8% compared to the number of bookings recorded in 2009, followed two years of decline. The number of nights spent in hotels – for leisure trips as business – had fallen by 3.7% in 2009 compared to 2008, already bad year for the hotel because bookings were down by 0, 3% over 2007.

The real dynamic recovery has been felt at the end of the first half of 2010. Between January and April, the number of overnight stays increased at an annual rate of 1.7% over the same period last year.Between May and August, the trend has accelerated up to 2.6% growth. Finally, the last quarter, the increase was 5.1%.

France in fourth position

The number of overnight stays increased in most European countries. The highest increases were registered in Estonia (+14.1%), followed by Latvia (+11.6%), Lithuania (11.1%) and Malta (+11%). Five European countries however have earned on their own 70% of bookings cheap business cards. Spain leads with 268 million hotel nights, a score increase of 6.8% compared to 2009. Italy follows with 245 million overnight stays, although this result shows a decline of 0.8% over the previous year.Germany totaled 229 million bookings – up 5.8% – and then France (196 million, +2.4%) and finally the United Kingdom (166 million down 2.1%).

More foreigners

Sign of better economic health, the number of nights spent in hotels by people from other countries is rising sharply. It increases by 5.1% when the stays booked by nationals grow only 1.1%. 45% of nights spent in hotels have been by non-residents of the country. Estonia, Latvia (75%), Greece (74%), Austria (72%) and Bulgaria, are the states that received the largest number of foreigners in their residences. France has recorded 66 million room nights booked by non-residents, or 33% of the total. A score increase of 3% compared to 2009.

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Passed by the National Assembly in late 2010, then by the Senate last January, the law establishing a social price of water has just been enacted. After similar measures on Legaz and electricity, that social progress was a little past unnoticed as recalled by Le Parisien on Tuesday-Today in France. It will apply from 1 January 2012.

Since the consecration of the "right to water for all" by the law of 30 December 2006, several voices were raised for that right to be accompanied by a financial guarantee that any individual can access drinking water for food and hygiene, under economically acceptable. The idea of introducing a social tariff was included in a report of the Economic, Social and Environmental Committee (EESC) in April 2009.The report noted that while the number of file unpaid treated water dispensers public and private sectors was increasing: 33,500 records of individuals unable to pay their water bills had been well reviewed in 2008.

Even if water is cheaper in France than in most European Union countries, to 3.40 euros per m3 on average 5.16 euros cons such as Germany, a recent study by the services public water and sanitation confirmed recently that the water prices had risen faster than inflation in recent years, an average of 3.3% annually since 2004. Pioneer, the city of Libourne in the Gironde has taken the lead in establishing a very low rate of 0.10 euro for the first 15 cubic meters and then a gradual increase in the price up to 200 m3.

The social tariff introduced by the text published in the Official Gazette on February 8 does not set the price that must be applied per cubic meter of water consumed, as in France each municipality is responsible for ensuring the public water service. The text proposed by the UMP Christian Cambon provides services managers of water services revertants 0.5% of their revenues to fund departmental housing solidarity (FSL), which centralizes and distributes aid in housing and Power and telephone. The goal is to help households struggling to pay their bills. ASPs will also be equipped with an additional EUR 50 million from 2012. The government also pledged to establish a preventive system to help families in situations of default.

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"The EESC report of April 29, 2009

The news has surprised market observers, and on Wednesday morning. In the race to succeed the French Jean-Claude Trichet, president of the European Central Bank, the favorite would have thrown in the towel. Germany's Axel Weber, head of the German Central Bank, the Bundesbank, would in effect told a meeting in a closed circle that he was not interested in another term, Reuters reported, and German media .

"Weber's candidacy to head the ECB is no longer on the agenda," said one source at the news agency. The Wall Street Journal, meanwhile, said that Weber said "he would not seek re-election necessarily at the head of the Bundesbank." His interlocutors have deduced that it would withdraw from the race for the presidency of the ECB.The Heads of State and Government should appoint a successor to Jean-Claude Trichet late March in Brussels.

The news of the withdrawal of Axel Weber has dropped sharply, but temporarily, the euro by late morning. The confusion was increased by the contradictory statements of the Bundesbank (Buba). She initially told a news about his boss, then retracted and deny the rumors. According to Reuters citing sources inside the Buba, Axel Weber did not consider it necessary to issue a final statement. It would, however, met with German Chancellor Angela Merkel on Wednesday morning. No information was available about the contents of the call.

A hawkish media

Axel Weber is one of the "hawks" on more media on the Board of Governors of the guardian of the euro.His outspokenness and his vocal opposition to the redemption of government bonds by the ECB reduced its chances of winning, insulation increasingly faced with more moderate colleagues about the conduct of the institution's policy .

The abandonment of Weber in the race for the presidency of Jean-Claude Trichet opens the way for challengers. Foremost among these is the Italian Mario Draghi. However, his visit to the much-criticized Goldman Sachs could be hampering its chances of winning. Personalities from smaller countries in the euro zone also would return to the front of the stage as the Finn Erkki Liikanen or Yves Mersch of Luxembourg. But perhaps another German, Klaus Regling, current president of the European financial stability, which could ultimately prevail, according to analysts at Barlcays Capital.

The European Central Bank reveals his fears about the consequences of the bailout of Irish banks. In an opinion paper (position paper), the institution considers that the allocation of funds to support the Irish banking system could undermine the European financial system and penalize liquidity injections by the ECB. The establishment led by Jean-Claude Trichet made and expressed concern about the risks incurred in supporting countries in the euro area in difficulties.

In fact, the ECB wonders if she has assets of sufficient quality to offset the funds that it will never be paid by Irish banks.The ECB has in fact allocated to nearly 136 billion euros in special loans and 45 billion in emergency loans to Irish institutions payday advances.

In addition, at the height of Greek and Irish crisis, the European Central Bank has released the heavy artillery to rescue countries in the euro area in which the difficulty level of sovereign debt have risen sharply, by buying securities directly from debts. Since May, the ECB has repurchased nearly $ 72 billion of government bonds.

The ECB also decided Thursday to increase its capital to 5 billion euros to raise 10.76 billion in three stages which will premiere on December 29.

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EDF did better than expected. The electrician has published a turnover up 9.5% to 52.9 billion euros during the first nine months of 2010. The analysts were not as high as they expected a sales increase of 8% to 52 billion euros.

Sales of the electrician were mainly supported by the acquisitions made in 2009, including that of the Belgian electricity provider SPE and the redemption of the nuclear activities of Constellation Energy. "The first nine months of 2010 have been particularly marked by higher electricity sales volumes and prices overall declining trend internationally," says management.

Sales figures carried by the exchange

The activity is also progressing with a favorable currency impact, due to the depreciation of the euro in a year, the company said.In fact, at constant scope and exchange rates, growth in turnover of the group amounted to only 3.8% payday loans. During the first nine months 2010, EDF has made 51% of its turnover outside France.

With these figures on business, the group confirmed its earnings targets for the whole year. EDF seeks organic growth of its gross operating income of between 3% and 5%. As for the dividend, it expects stability. The electrician said that the target ratio of net debt / EBITDA ratio is now close to 2.5 and EDF welcomes this ratio comes out as "an enhanced level compared to the original target of between 2.5 and 3.

Management expects for 2010 now also on an availability rate of its nuclear plants in France – critical to its profitability – close to 78.5%.In late July, EDF said it was an availability rate of between 78.5% and 79.5% for the full year.

While the looming holiday of All Saints this weekend, the SNCF plans for the day Thursday and a further slight improvement in traffic. The rate of participation in inter-renewable strike over pensions on Wednesday was established for all staff, to 15.68%, says management. According to a statement from the station, the traffic will be disrupted:

• Nationally

-TGV Paris-province: two trains on three

TGV-province to province: a second train

– For B: a second train. Connections with TGV are not guaranteed.

– To Corail trains: four out of ten trains

– For Intercity trains: almost a second train

– Téoz: more than four out of ten trains

– Traffic and Paris Nice Paris Nice: the normal night of October 20 to 21.

• Transiliens

– 6 out of 10 trains at peak.Additional trains are likely to be put into circulation. Traffic on the RER A is normal.

• Internationally

– Eurostar: Normal

-Thalys: near-normal service

– ICE TGV (France-Germany): Normal

-TGV Lyria (France-Switzerland): normal traffic

– To Italy: A roundtrip Paris-Milan will be provided for the daytime traffic payday loan lenders.

Traffic-other international trains uninsured.

– Traffic Lunea night: no traffic on the night of October 19 to 20.

SNCF said that while ticket lines will be valid during the period, board any train traveling on that day about the relationship in question.Customers preferring to cancel a trip with a reservation for a train of the period may do so without charge at the counter, whatever the price.

• Information

http://www.sncf.com

http://.infolignes.com

http://www.abcdtrains.com

http://www.ter.sncf.com

The site-by-station mouvement.com also serves to check the billboards (departures and arrivals) from the station of his choice.

• Hotlines:

0.805.90.36.35 to Outline (TGV), TER Téoz and Intercity

0.805.70.08.05 for Transilien

sncf.mobi for réerl time access to information on mobile.

Station radio: One point traffic every 15 minutes from the SNCF Direct application on smart-phone and all websites SNCF (www.sncflaradio.com)

France Bleu Ile-de-France: 107.1

• Paris Transportation:

RATP scheduled for Thursday normal traffic on all networks.

"These women are out to conquer the boards