Belgium, (Brussels Morning Newspaper) The French government has offered roughly 9.7 billion euro to take full control of EDF power utility.
The move will allow the government to run one of the largest power utilities in Europe as it sees fit, which will help it to contend with the energy crisis, according to Reuters reporting on Tuesday.
The French Ministry of the Economy, Finance and the Recovery pointed out in a statement released on Tuesday that the offered price presents more than a 50-percent premium on share price from 5 July, one day before the government announced plans to take over the EDF fully.
Continue reading France offers nearly €10bn to take over EDF at Brussels Morning Newspaper.
