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France's government has instructed its three representatives on France Telecom's (FTE) board to...

France's government has instructed its three representatives on France Telecom's (FTE) board to vote to keep CEO Stephane Richard at a crucial directors' meeting today to discuss his future. The meeting comes after Richard was placed under formal investigation as part of a probe into a €285M government arbitration payout to a businessman in 2008. Richard also has the support of employee shareholders, who hold one seat.
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