- Title: FRANCE: RENAULT EMPLOYEES OCCUPY BOURSE IN PROTEST AGAINST SHARE SALE
- Date: 6th October 1994
- Summary: PARIS, FRANCE (OCTOBER 6, 1994) (RTV - ACCESS ALL) 1. WS EXTERIOR OF BOURSE BUILDING 0.05 2. GV RENAULT WORKERS OUTSIDE BOURSE WITH BANNER 0.08 3. GV RENAULT WORKERS CLAPPING AND SINGING PROTEST SONGS, HOLDING BANNER 0.15 4. GV INTERIOR OF BOURSE, BANNER HANGING FROM CEILING 0.19 5. GV "CAC 40" SIGN WITH BANNER HANGING BEHIND 0.28 6. CU SHAREDEALING COMPUTER WITH RENAULT WORKERS' STICKERS ON SCREEN 0.31 7. GV ABANDONED TELEPHONES 0.34 8. CU LARGE "CGT" BANNER 0.38 9. GV RENAULT WORKERS SITTING AT DEALERS' DESKS 0.43 10. GV RENAULT WORKERS LEAVING/ SINGING PROTEST SONG 0.50 11. GV DEALING ROOM 0.57 Initials Script is copyright Reuters Limited. All rights reserved.
- Embargoed: 21st October 1994 13:00
- Location: PARIS, FRANCE
- Country: France
- Reuters ID: LVA74V555XG295JNE55GU0WAHKR8
- Story Text: Renault employees protesting against the forthcoming sale of shares in the state-controlled carmaker occupied the Paris bourse on Thursday morning (October 6).
Market officials said some 200 Renault workers had invaded the bourse, an elegant neo-classical building in the centre of town, halting trade on the Matif futures exchange and the Monep stock options system.
Shares, which are traded by an electronic system, were unaffected.
The communist-led CGT union has been strongly opposed to the sale of Renault, long a symbol of the country's labour power.
The government is planning to cut its stake in Renault to 51 percent from 79 percent before the end of this year.
- Copyright Holder: REUTERS
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