The State announces a takeover bid to renationalise EDF, at 12 euros per share

2022-07-19T07:16:54.282Z

The operation is estimated at less than 10 billion dollars by the government. The State, currently holding 84% of the capital of EDF, announced this Tuesday morning a takeover bid to renationalise the company, at 12 euros per share. An operation costing 9.7 billion euros, according to the government. To nationalize the electricity giant, over-indebted, two options presented themselves to the government: the law of nationalization (used for the last time 40 years ago), or t