France has sold all its remaining 18.5% stake in the THOMSON group to professional investors for EUR 950 million (EUR 18.25 a share). The operation involves 52 million shares and brings the total amount raised from privatisation in 2002-03 to EUR 5.1 bn. A few days before, THOMSON, announced the merger of its television and DVD business with the Chinese company TCL INTERNATIONAL as part of a joint venture, which will make it the number one manufacturer of televisions and 3-4 million DVD...