Brussels, 02/06/2005 (Agence Europe) - The European Commission has approved a new French tax break scheme for takeovers of ailing industrial firms. The scheme encourages the creation of jobs in connection with such takeovers. The Commission is satisfied that the scheme complies with the state aid rules in the EC Treaty, more especially the rules on state aid to disadvantaged regions and to small and medium-sized enterprises. The scheme provides for aid towards job creation where an ailing...