France launches EDF nationalisation process

The Brussels Times

Belgium, (Brussels Morning Newspaper) The French government launched the process of full nationalisation of EDF power utility on Tuesday.

The government sent its offer to buy all remaining shares of EDF to the market regulator as it seeks to take control of energy supplies, according to Reuters reporting.

The government’s offer stands at 12 euro per share, which it announced in the summer, with the offer to be launched on 10 November according to the filing sent to the regulator.

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