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HSBC France, as a member of the French banking community, together with the other major French banks and the French government, is to invest in a new financing company established at the direction of the French government to support the French economy.
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IBM (NYSE: IBM) and ILOG (NASDAQ: ILOG; Euronext: ILO, ISIN: FR0004042364) today announced they have signed an agreement regarding a proposed acquisition by IBM of ILOG to be implemented by way of concurrent cash public tender offers in both France and the United States.
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Airbus has selected Kuehne+Nagel as lead logistics provider and DHL as lead transport provider, becoming Tier 1 partners for Airbus.
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Bombardier Aerospace announced Italy's civil protection agency Protezione Civile took delivery of the first of four Bombardier 415 amphibious aircraft that were ordered in November 2007 by the Italian government.
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Airbus today announced a commitment to establish an A330 Freighter aircraft final assembly line (FAL) in Mobile, Alabama, if Northrop Grumman (supported by Airbus's parent company, EADS) receives the order to build aerial refuelling tankers from the United States Air Force.
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The AIR FRANCE-KLM Group has placed orders with Boeing for nine 777-300ERs and seven Next-Generation 737-700s. At a combined value of $2.7 billion at list prices, these orders mark the first time the combined airline Group, consisting of Paris-based Air France and Amsterdam-based KLM Royal Dutch Airlines, has announced an airplane acquisition at the Group level.
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PPR, owner of the Gucci Group of luxury-goods brands, acquired 27.1% stake in PUMA for EUR330 per share in cash. PPR intends to launch a friendly takeover offer in cash on the remaining outstanding PUMA shares at the same price of EUR330 per share.
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