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GDF shares drop as Reuters reports court ruling03.30.2010
Shares in GDF Suez fell to a session low, dropping by about 1 percent, after Reuters reported a court ruling that a tax levied on nuclear producers was lawful. Only Reuters and a reporter from a local newspaper were present in court when the ruling was read out. Analysts said the March 30 news was a setback for GDF Suez, which was now unlikely to get some 460 million euros back in taxes from Belgium, including a 2009 payment. |
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