Engie Shifts Gear on Asset Sales, Cost Cuts as Shares FallBy and
Kocher says divestment plan will progress ahead of schedule
CEO seeks to enter growth phase as quickly as possible
Engie SA expects to complete its 15 billion-euro ($16 billion) divestment plan ahead of its end-2018 deadline, and may increase cost cuts as the French utility seeks to rekindle growth dented by falling gas and power prices, Chief Executive Officer Isabelle Kocher said.
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