Thursday, December 2, 2004

France Telecom divests its Stake in STMicroelectronics

France Telecom divested its 3.3% stake in STMicroelectronics through the sale of 30 million STMicroelectronics shares in a block trade transaction. France Telecom still owns 26.4 million shares underlying the bonds mandatorily exchangeable for STMicroelectronics shares due 6 August 2005. http://www.ft.com

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