François Schott on Muck Rack

François Schott

Paris
As seen in: L' Agefi, Le Monde, The Wall Street Journal (China), MarketWatch, InvestorsHub, MarketScreener, L’AGEFI Finance d'entreprise, L’AGEFI Private Equity, L'Agefi Quotidien
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Articles

Valeo to Cut 1,150 Jobs as Part of Reorganization

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By François Schott
| MarketWatch Verified
By François Schott Valeo confirmed Thursday that it plans to cut more than 1,000 jobs worldwide as part of a reorganization. The powertrain and thermal systems divisions will be grouped together in order to improve the group's competitiveness and efficiency in the context of vehicle electrification, a spokesperson for the French automotive supplier told the Agefi-Dow Jones agency, confirming information from French newspaper Les Echos.
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Fnac Darty Shares Rise After Media Reports of Investor's Takeover Plans

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By Christian Laursen Verified, François Schott
| MarketWatch Verified
By Christian Moess Laursen and Francois Schott Shares in Fnac Darty rise Thursday after French media reported that billionaire investor Daniel Kretinsky is looking to launch a takeover of the retail group and subsequently take it private. At 1126 GMT, shares traded 11% higher at 39.68 euros.
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L'Oreal Not at Risk of Losing Saint-Laurent Beauty License, CEO Says

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By François Schott, Joshua Kirby Verified
| MarketScreener
By Francois Schott and Joshua Kirby L'Oreal SA's license to sell Yves Saint Laurent-branded cosmetics and perfumes isn't at risk from the creation of a new beauty division at YSL parent group Kering, L'Oreal Chief Executive Nicolas Hieronimus said Friday. The French cosmetics major has been licensed to sell YSL beauty products since 2008, when it spend 1.5 billion euros ($1.61 billion) to buy the division.
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