.
.
MICHAEL ZAOUI
JOINTLY
YOEL ZAOUI


Sale of Cimpor Cimentos stake to Votorantim Cimentos


2010 ($1.3bn)



Sale to Procter & Gamble


2009 (N.D.)


Sale of controlling stake to Mercury Group


2008 (N.D.)


Acquisition of Orascom cement assets


2007 ($12.9bn)

Defence against OMV


2007 ($15bn)


Sale of minority stake to Amorim


2007 (N.D.)


Merger with Gaz de France


2007 ($39bn)

Merger with Rodamco


2007 ($19.5bn)


Sale to KKR-Permira


2007 ($7.7bn)

Acquisition of BOC Group


2006 ($14.4bn)



Acquisition of Emap


2006 ($0.7bn)


Acquisition of Electrabel


2005 ($14.3bn)



Merger with Fineco


2005 ($1.9bn)

Acquisition of Vendex


2004 ($7.6bn)


Sale to PPR


2004 ($2.8bn)


Merger between various holding companies of Telecom Italia


2003 ($3.7bn)


Sale of Northumbrian Water to investors' consortium


2003 ($3.4bn)


Acquisition of Interpower from Enel


2003 ($0.9bn)


Acquisition of Vivendi Universal Publishing


2002 ($1.7bn)


Sale to Banca di Roma to create Capitalia


2002 ($1.6bn)


Acquisition of Tractebel


1999 & 2002 ($8.4bn)

Restructuring of PPR interest and settlement with LVMH


2001 ($0.9bn)


Sale to Lafarge


2001 ($6.5bn)


Merger with Carrefour


2000 ($15.8bn)



Merger with Synthélabo


1999 ($11.2bn)


Defence against LVMH and investment by PPR


1999 ($10.5bn)


Defence against BNP


1999 ($19.6bn)


Acquisition of Générale de Banque


1998 ($13bn)

Defence and sale to Soméal and AGF


1997 ($8.5bn)


Merger of Guinness and Grand Metropolitan to create Diageo


1997 ($18.3bn)


Acquisition of SAFR from Swiss Re


1997 ($1bn)

Crédit Communal de Belgique



Merger with Crédit Local de France to create Dexia


1996 ($3.1bn)


Private and Public Offerings by Fininvest


1995 ($1.2bn)

Acquisition of CEAc from Fiat


1995 ($1.5bn)

Acquisition of Victoire from Compagnie de Suez


1995 ($2.1bn)

Société Générale de Belgique



Sale of CBR to Heidelberger


1993 ($2.8bn)


Merger of Combustion Engineering with Asea Brown Boveri


1990 ($1.8bn)



Sale of Nabisco Europe to BSN (now Danone)


1989 ($2.5bn)


Mittal Steel merger with Arcelor to create Arcelor Mittal


2006 ($40bn)


Aventis defence and sale to Sanofi


2004 ($69.3bn)

Alcan acquisition of Pechiney


2003 ($7.1bn)


Elf defence and sale to Total


2000 ($57.4bn)

HSBC acquisition of CCF


2000 ($19.8bn)



Merger with Lyonnaise des Eaux


1997 ($9bn)


Crédit Agricole acquisition of Banque Indosuez from Suez


1996 ($2.3bn)

Credito Romagnolo



Credito Romagnolo defence and sale to Credito Italiano


1995 ($2.4bn)


Acquisition of 70% of International Power


2011 ($25bn)


Acquisition of Endesa


2007 ($55bn)



Acquisition of remaining 32.9% in Arcelor Brazil


2007 ($6bn)


Acquisition of Fournier pharmaceutical operations


2005 (N.D.)


Financial restructuring and refinancing


2003 ($1.6bn)

Sale to Crédit Agricole


2003 ($20bn)


Acquisition of 45% of Castorama, £2bn rights issue and demerger of KESA


2002 ($5bn)

Sale to Italenergia


2001 ($5.6bn)


Sale of Salins du Midi to UEI


2000 ($0.3bn)


Defence and sale to Generali


1999 ($12.4bn)



Acquisition of Banca Commerciale Italiana


1999 ($12.6bn)


Acquisition of Salomon


1998 ($1.4bn)


IPO of Alstom


1998 ($4.2bn)


Acquisition of remaining 76% of Natexis


1998 ($1bn)


Merger into Compagnie Générale des Eaux


1998 ($7.5bn)


Merger of B&Q and Castorama


1998 ($7.7bn)


Sale of Catteau to Promodès


1998 ($0.4bn)


Sale to GGT


1997 (N.D.)

Acquisition of 24% of Natexis


1997 ($0.3bn)

Sale of 30% to Compagnie Generale des Eaux through an asset swap


1997 ($1.8bn)

DOCKS DE FRANCE



Defence and sale to Auchan


1996 ($4bn)


Sale to Bel


1996 (N.D.)



Sale of animal health operations to Rhône-Poulenc


1995 (N.D.)

Acquisition of remaining 55% stake in UPSA


1994 ($0.6bn)

Valuation in connection with government privatisation


1994 ($2.2bn)

Unwinding of cross - shareholdings with Renault


1994 ($1.4bn)


Sale of European Assets to Newell


1994 (N.D.)


Sale of Printemps to Groupe Pinault


1992 ($0.8bn)

Sale of Habitat to Ikea


1992 (N.D.)


Sale of security division to Securitas


1991 (N.D.)

Acquisition of a 45% stake in UPSA


1991 ($0.3bn)


Defence and sale to Allied Lyons


1990 ($0.4bn)


Defence and sale to Miller Taback


1990 ($0.4bn)

Acquisition of Leroy Somer


1990 ($0.5bn)


Acquisition of 15% of WCRS


1990 (N.D.)

Mayfair Supermarkets



Defence and sale to LBO Group


1990 (N.D.)



Merger with Smithkline to create SKB


1989 ($8.5bn)



Sale to Framatome


1989 ($0.4bn)