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April 14, 1995 | Times Staff and Wire Reports
France to Sell Bull Stakes to NEC, Motorola: The French government said it is selling stakes in money-losing computer maker Cie des Machines Bull to Motorola Inc. of the United States and NEC of Japan while cutting its own stake by half to 40%. NEC will raise its stake to 17% from 3.74% and Motorola will take an initial holding of 10% with the possibility of increasing it to 17%.
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BUSINESS
April 14, 1995 | Times Staff and Wire Reports
France to Sell Bull Stakes to NEC, Motorola: The French government said it is selling stakes in money-losing computer maker Cie des Machines Bull to Motorola Inc. of the United States and NEC of Japan while cutting its own stake by half to 40%. NEC will raise its stake to 17% from 3.74% and Motorola will take an initial holding of 10% with the possibility of increasing it to 17%.
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