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Message: EdiG ...

Is Fujitsu is trying to do a hostile takeover of Bull? Same co.?

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posted on Jul 06, 2007 07:17AM

PARIS (Reuters) - French IT services company GFI Informatique (GFIP.PA: Quote, Profile, Research), which is facing a hostile takeover bid from Fujitsu (6702.T: Quote, Profile, Research), confirmed it was holding exploratory talks about an alliance with domestic rival Bull (BULP.PA: Quote, Profile, Research).

GFI Informatique Chairman Jacques Tordjman said at the company's annual shareholder meeting on Friday it was too early to say whether the talks would lead to an industrial project.

 

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