France Pushes Back Against Mooted $12 Billion EDF Delisting Bloomberg 2 hrs ago © Bloomberg Electricite de France SA (EDF) logo at the Paris Motor Show.
(Bloomberg) The French government pushed back against a suggestion that it would spend 10 billion euros ($11.9 billion) buying out minority shareholders of Electricite de France SA as negotiations with the European Commission continue over plans to shore up the utility’s finances.
A spokesman for the French Finance Ministry declined to confirm that figure, while a person familiar with the government’s plans said it was significantly overstated.
Sebastien Menesplier, a leader at the CGT union, earlier told Bloomberg the government plans to spend 10 billion euros to buy out minorities as part of broader reforms to buttress EDF’s finances. Menesplier cited a presentation made by Finance Minister Bruno Le Maire to union representatives on Tuesday.
France Pushes Back Against Mooted $12 Billion EDF Delisting
leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.
Sebastian Mikael: iHeartRadio On The Verge Artist | 93 9 The Beat
iheart.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iheart.com Daily Mail and Mail on Sunday newspapers.
Sebastian Mikael: iHeartRadio On The Verge Artist | V103 | iHeartRadio On The Verge
iheart.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iheart.com Daily Mail and Mail on Sunday newspapers.
Sebastian Mikael: iHeartRadio On The Verge Artist | WDAS | iHeartRadio On The Verge
iheart.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iheart.com Daily Mail and Mail on Sunday newspapers.