International Power (IPRPY.PK) rejects a $9.5B bid from French utility GDF Suez (GDFZY.PK) for...

|About: International Power (IPRPY)|By:, SA News Editor

International Power (IPRPY.PK) rejects a $9.5B bid from French utility GDF Suez (GDFZY.PK) for the 30% stake in the British company that it doesn't already own. GDF Suez is now threatening to walk away.