The industry group predicts about $50 billion of the $225 billion will come from Indian companies, particularly in the healthcare, utilities, media and entertainment industries.
Seagram's spirits businesses, which include Chivas Regal premium Scotch whiskey, are to be sold as part of the company's acquisition by Vivendi S.A., the French utility-media conglomerate, which wants to use the proceeds from selling the liquor assets to reduce its $6.6 billion in debts.
In April 1999, Nalco received an offer from Suez Lyonnaise des Eaux, a French utility and media company.
According to the indictment, Jose Luis Ballesteros was a director of the Nalco Chemical Company in Naperville, Ill., in April 1999, when Nalco first received a tender offer from Suez Lyonnaise des Eaux, the French utility and media company.
Mr. Fourtou's predecessor, Jean-Marie Messier, transformed what was once known as Générale des Eaux into Vivendi, a diversified utility and media business, but ran up huge debts in the process.
Mr. Mulligan had previously served as the chief financial officer of the Seagram Company and was involved in the negotiations that led to the acquisition of Seagram by the French water utility and media conglomerate Vivendi.
Mr. Garment was a key adviser in Nixon's successful presidential campaign in 1968, serving, by his own admission, as an "odds and ends" utility man: media consultant, policy adviser and talent scout.
Mr. Fourtou's attempt to shake up Canal Plus, first reported today in Le Figaro, comes amid a sweeping review of Vivendi's operations, after the resignation last month of Jean-Marie Messier, the former chief executive and the architect of the company's transformation from water utility to media conglomerate.
Investors who have stuck with Vivendi Universal, the water utility turned media conglomerate, say they like each of its businesses, even if they feel uncomfortable with the ability of its embattled chief executive, Jean-Marie Messier, to weld them into a solid, consistently profitable whole.
Research has suggested that the utility of media modes also varies.
Espinasse, until now, chief operating officer at French satellite TV consortium TPS, replaces Guillaume Hannezo Guillaume Hannezo, who has come under fire in the wake of Messier's departure for helping oversee the dizzying and destabilising expansion of the company from utility to media giant.
