Baccarat, EDF, Eurazeo, Rhodia, Vivendi: French Equity Preview

The following is a list of companies whose stocks may have unusual price changes in Paris. Symbols are in parentheses after company names and prices are from the last close.

April futures on France’s CAC 40 Index (CAC) declined 0.4 percent to 4,043 at 8:12 a.m. in Paris.

The CAC 40 rose 1.6 percent to 4,054.76, while the broader SBF 120 Index (SBF120) gained 1.6 percent on April 1.

Baccarat (BCRA) : The crystal manufacturer reported net income of 2.2 million euros ($3.1 million) in 2010, after a loss of 12.6 million euros the previous year. The shares rose 5 percent to 131.24 euros.

Electricite de France SA (EDF FP): The price for the resale of EDF’s nuclear power may be set at 40 euros per megawatt hour, daily Les Echos reported, without saying where it got the information. The decision still has to be approved by President Nicolas Sarkozy, according to the newspaper. The stock increased 0.5 percent to 29.36 euros.

Etablissements Maurel & Prom SA (MAU FP): Chief Executive Officer Jean-Francois Henin, the largest shareholder of the French oil explorer, said he’s failed to attract a reasonable offer for the company, which has also tried to list in London. The stock climbed 0.8 percent to 13.71 euros.

Eurazeo (RF) SA: France’s largest publicly traded private equity firm may resume an occasional share buyback program halted in 2009, Investir-Le Journal des Finances reported, citing an interview with Chief Executive Officer Patrick Sayer. The shares added 1.3 percent to 55.89 euros.

GDF Suez (GSZ) SA: France’s energy regulator suggested changing how it calculates natural gas prices supplied by GDF Suez, the country’s former gas monopoly. The stock fell 1.4 percent to 28.35 euros.

Rhodia SA (RHA) : Solvay SA agreed to buy specialty chemicals maker Rhodia for 3.4 billion euros, seeking to expand operations in emerging markets. Solvay said it will pay 31.60 euros a share for Rhodia, not including a 50 cent dividend, paying 50 percent more than its last traded price. The stock advanced 2 percent to 21.07 euros.

Valeo SA (FR) : France’s second-largest auto-parts maker plans to double revenue in China by 2015, China Daily reported. The shares rallied 2.9 percent to 42.34 euros.

Vivendi SA (VIV) : The company agreed to buy Vodafone Group Plc’s 44 percent stake in mobile-phone operator SFR for 7.95 billion euros, giving Vivendi company full control of its largest unit. The stock climbed 1.8 percent to 20.52 euros.

To contact the reporter on this story: Fabio Benedetti-Valentini in Paris at fabiobv@bloomberg.net.

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net.

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