Word: gobain
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Dates: during 1980-1989
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...School student, who will lead Thomson-Brandt, an electronics and home appliance firm. A founder of the Socialist Party's vocal left wing, Gomez is probably the most ideological of the appointees. But his training and twelve years' experience as an executive at the newly nationalized Saint-Gobain-Pont-a-Mousson, a diversified glassmaker, give him impeccable business credentials...
...Electrical parts manufacturer Compagnie Generale d'Electricite; chemical firms Rhone-Poulenc and Pechiney Ugine Kuhlmann; conglomerate Saint-Gobain-Pont-a-Mousson; and electronics giant Thomson-CSF. To be covered in a separate bill...
...fact, the takeovers will probably push France into deeper trouble. The country's economy is already suffering from anemic growth, 7.7% unemployment and sagging investment. Nationalizing the banks-and 32 large industrial enterprises, including the Dassault airplane manufacturing company and the Saint-Gobain-Pont-à-Mousson fiber-glass maker-will almost certainly deepen the existing slump by making businessmen more wary of investing their money. Says J. Paul Horne, European economic analyst for the Smith Barney, Harris Upham & Co. investment firm: "The French private banking sector is all but gone. New private investment in France has been virtually frozen...