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September 18, 1990

BULL “MUST FIND PARTNER” – FRENCH INDUSTRY MINISTER

By CBR Staff Writer

French industry minister Roger Fauroux, who headed St Gobain-Pont-a-Mousson SA when the previous administration delegated that company to take strategic control of Bull SA, said yesterday in an interview with Les Echos that state-owned Bull should forge a European alliance – and that only Siemens AG and Ing C Olivetti & Co SpA were big enough to make such an alliance worthwhile; under Fauroux, Bull and Olivetti attempted a broad-brush alliance on office systems, but the relationship fell apart after the change of government; in terms of industrial logic, Olivetti would make the better partner for Bull.

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