Goldman and SG to sell down Thomson stake

Goldman Sachs and SG have won the mandate to sell down part of the French government's €3.4bn ($2.9bn) stake in Thomson Multimedia, the French media and consumer electronics group.

The French government owns 38% of Thomson, which has a current market capitalisation of €9.1bn. The ministry of finance declined to comment on the possible size or timing of the sale but said it would remain a principal shareholder.

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