France to detail EDF nationalization plan by July 19, shares suspended ...Middle East

The French government will announce by July 19 details of its plans to take full control of power group EDF, it said on Wednesday, as trading in the utility's shares was suspended to keep the price in check. France said last week it wanted to fully nationalize EDF, in which the state already holds an 84% stake, without explaining how it would do so. In a statement, the finance ministry said it would clarify its plans before the market opens on July 19 at the latest.

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