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The French Government is selling as much as 7 per cent of Paris-based France Telecom, valued at about ¬3.8 billion ($6.68 billion), as President Nicolas Sarkozy seeks to reduce debt before implementing tax cuts.
The French Government is selling as much as 7 per cent of Paris-based France Telecom, valued at about ¬3.8 billion ($6.68 billion), as President Nicolas Sarkozy seeks to reduce debt before implementing tax cuts.
$1 billion was wiped off Spark's value today after a worse-than-expected result. Its chief executive fronts up. Video / Alex Burton