Wednesday, March 28, 2007

Thomson sees no reason to be bought-report

(Reuters) - Asked to comment on recurrent market speculation that Thomson might be a takeover target, Chief Executive Frank Dangeard told La Tribune: "Thomson has a clear strategy which allows it to be a leader in its sector. There is no reason for us to be consolidated."

Dangeard added that Thomson's plan was to achieve annual sales growth of between 5 to 7 percent from now until 2009 and that Thomson expected a "very strong rise" in its net profit.


Read more at Reuters.com Mergers News

No comments: