BUSINESSWEEK ONLINE : SEPTEMBER 27, 1999 ISSUE
INDUSTRIES

What's ahead for France's New Oil Giant


SYNERGIES
At least 4,000 job losses are expected so the group can achieve up to $2 billion in cost cuts

ACQUISITIONS
A takeover or merger with Spain's Repsol YPF or Italy's ENI could be on the cards to strengthen TotalFina's position in Europe

EXPLORATION
Using its strong position in Iraq and Iran, it may try to persuade Saudi Arabia and Kuwait to open up their industry

DATA: BUSINESS WEEK


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RELATED ITEMS
Totalfina's Totally New Game (int'l edition)

TABLE: What's ahead for France's New Oil Giant

``France Is Changing Rapidly'' (int'l edition)



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