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    1. Despite these impressive statistics, CGE appears to have had trouble finding other shareholders to join in the venture to lessen its financial burden.
    2. Mr. Leysen had included in his group an additional 4.5% stake held by CGE, but yesterday he said CGE, while supporting his cause, would remain independent.
    3. Mr. Leysen had included in his group an additional 4.5% stake held by CGE, but yesterday he said CGE, while supporting his cause, would remain independent.
    4. "We have very few marketing conflicts to fix," Pierre Suard, chief executive officer of the venture and chairman and chief executive of CGE, said in an interview.
    5. Sir James Goldsmith sold most of his holdings in his main European concern, Generale Occidentale, to CGE of France for a reported $243.2 million.
    6. Officials fear that CGE's purchase plan would disrupt that balance.
    7. CGE, a French telecommunications concern, owned the remaining 63%.
    8. CGE, in a surprise announcement, said it is prepared to discuss all proposals, including the sale of its current 40% Framatome stake.
    9. But to make financing the transaction easier, CGE officials hope the company soon will be privatized so they can tap capital markets for fresh funds.
    10. The sources said CGE, which has interests in telecommunications, cables, energy and shipbuilding, has long been undercapitalized.
    11. A CGE spokesman said he didn't have specific figures on the purchase's impact on 1987 earnings, but CGE President Pierre Suard has said revenue would have been up only 4% last year after adjustment for the big structural change.
    12. A CGE spokesman said he didn't have specific figures on the purchase's impact on 1987 earnings, but CGE President Pierre Suard has said revenue would have been up only 4% last year after adjustment for the big structural change.
    13. It would only have made CGE a minority shareholder in a competitor.
    14. As a result, CGE will pay ITT about $250 million less than envisioned, ITT officials said.
    15. Government sources say CGE Chairman Pierre Suard is expected to meet with Finance Minister Pierre Beregovoy to discuss possible terms for CGE to sell some or all of its stake to Credit Lyonnais.
    16. Government sources say CGE Chairman Pierre Suard is expected to meet with Finance Minister Pierre Beregovoy to discuss possible terms for CGE to sell some or all of its stake to Credit Lyonnais.
    17. But if there isn't any clear logic in this operation for CGE, it is because something else will appear later.
    18. As a result, CGE will pay ITT about $250 million less than planned.
    19. There's not going to be a shortage of supply." New orders taken during the first quarter totaled 38.5 billion francs, CGE said, up 16% from a year earlier.
    20. The moves by CGE and ITT will keep ITT's stake in Alcatel at 37% and increase CGE's stake to 56.3% from 55.6% currently.
    21. The moves by CGE and ITT will keep ITT's stake in Alcatel at 37% and increase CGE's stake to 56.3% from 55.6% currently.
    22. Fiat will take a controlling interest in CGE's battery unit, Cie.
    23. Further complicating matters, ITT, to preserve the confidentiality of the talks (code-named Roxanne), wouldn't let CGE visit the facilities for which it was supposed to pay billions.
    24. CGE's value is estimated at between an $1.7 billion and $2.4 billion.
    25. That may be already happening with CGE and Havas, two companies that the government is particularly sensitive about.
    26. At yesterday's meeting, Mr. Woodward acknowledged that Pierre Suard, CGE's chairman, has said within the past month that CGE wants to increase its Alcatel stake.
    27. At yesterday's meeting, Mr. Woodward acknowledged that Pierre Suard, CGE's chairman, has said within the past month that CGE wants to increase its Alcatel stake.
    28. They asked CGE to cut its stake to less than 50%.
    29. Mr. Roux had helped Sir James develop his French business interests in the 1970s, and had brought CGE into Generale Occidentale in 1979 as the key minority shareholder.
    30. Both sales and profits of the venture this year will be split about equally between the former ITT and CGE units.
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