1
The other bidder was Greek industrial group Mytilineos, the government official said.
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French industrial group Alstom could not be immediately reached for comment.
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Sarkozy, basking in the success five years ago of the rescue of industrial group Alstom.
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The Italian industrial group first announced its plans for a partnership with Chrysler in January.
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The industrial group denies it is doing anything wrong.
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Bloomberg reported the Italian industrial group was sounding out investment banks about plans for an issue.
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The company was now in the hands of "an Irish industrial group", he said.
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The deal would make Sonova the world's largest hearing-aid maker, surpassing industrial group Siemens AG SIEGn.DE.
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Fiat, Italy's biggest industrial group, is spinning off its car-making business from its broader industrial activities.
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Swiss industrial group Klesch said earlier this week it was interested in acquiring the debt-burdened Italian steelmaker.
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The Agnelli family controls the industrial group with a 33.6 percent stake.
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The Irish industrial group has acquired 100 per cent of Ritchie from private individuals and a financial institution.
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German firms like industrial group Siemens have a strong reputation for producing capital goods to a high quality.
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The industrial group includes all of the skilled trades and most of the semi-skilled and unskilled manual occupations.
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On the upside on Monday, German industrial group Siemens SIEGn.DE rose 1.4 percent.
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Abdul-Rahman al-Zamil, a member of the committee and chairman of a large family-owned industrial group, welcomed the move.
