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Utilities group Pennon has seen a strong performance at its South West Water business offset disappointing results from Viridor, its waste-management division.
The bridegroom, 31, is an associate in investment banking at Morgan Stanley in New York and works in the global power and utilities group.
France Telecom, which already owns 42.5percentt of Orange Communications, will acquire another 42.5percentt from E.on, the German utilities group, for 1.1 billion euros ($940 million).
The same was true of Vivendi, a dull but profitable French utilities group that floundered after a reckless bout of expansion and diversification, notably into American media.
It has a history of patient interventions at hulking companies such as Royal Dutch Shell, an oil firm, and Suez, a utilities group.
In 2002, WGM advised Vivendi, a French media and utilities group, on the $1.7 billion sale of Houghton Mifflin, a publisher, to a consortium of private-equity firms.
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The materials and utilities groups were the other big losers, slipping 6 % and 4, respectively.
EMPLOYING a mixture of bravado and cheek, Jean-Marie Messier, chairman of Vivendi, a fast-growing French media-to-utilities group, has once more asserted his claim to be France's most influential businessman.
Meanwhile, E.ON, a German utility group, confirmed it was interested in buying Scottish Power.
A French utility group, GDF Suez, said it would buy a United states electric company, FirstLight Power Enterprises, for undisclosed terms.
This would affect people such as Henri Proglio, chief executive of the French utility group EDF, who earned €1.6m last year.
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