The Limited Times

Now you can see non-English news...

Amending budget: the National Assembly votes the credits for the renationalization of EDF

2022-07-26T17:13:28.349Z


MEPs voted for these appropriations when examining the draft amending budget for 2022, by 209 votes to 156.


The National Assembly voted on Tuesday to finance by the State the 100% renationalization of EDF, a 9.7 billion euro operation intended to get the electricity production and supply group out of its financial rut and industrial.

The deputies voted these credits during the examination of the draft amending budget for 2022 by 209 votes against 156. Environmentalists denounced the "

course on all nuclear

" while LR deplored the closure of the nuclear power plant. from Fessenheim.

In mid-July, Bercy had announced that it wanted to "

launch a simplified takeover bid on EDF's equity securities

" in order to withdraw the company from the listing.

All inclusive, the offer represents just under 10 billion euros – 9.7 billion, precisely – according to government calculations.

It would be filed “

by early September 2022 with the AMF

”, the Financial Markets Authority, provided that the 2022 amending budget, which includes the necessary budgetary appropriations, is voted.

The ballot was therefore awaited by the executive.

Source: lefigaro

All business articles on 2022-07-26

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.