--Total's takeover of Direct Energie is expected to generate between 250 million euros ($309.4 million) and EUR300 million in synergies, Reuters reports, citing Total's Chief Executive Patrick Pouyanne.

--"There will be one team, one brand, one system. There are opportunities for cost savings," Mr. Pouyanne said at an oil summit in Paris, according to Reuters.

Full story in French: https://bit.ly/2vyksAW

Write to Barcelona editors at barcelonaeditors@dowjones.com

(END) Dow Jones Newswires

April 19, 2018 09:56 ET (13:56 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
TotalEnergies (EU:TTE)
Graphique Historique de l'Action
De Mar 2024 à Avr 2024 Plus de graphiques de la Bourse TotalEnergies
TotalEnergies (EU:TTE)
Graphique Historique de l'Action
De Avr 2023 à Avr 2024 Plus de graphiques de la Bourse TotalEnergies