France to nationalize country’s biggest power provider ...News

Russia Today - Economy
France to nationalize country’s biggest power provider
source : Russia Today ( News ) () 12
The state will buy EDF amid Europe’s worsening energy crisis France has announced a takeover bid to gain full control of the country’s largest utility, EDF. The government has made an offer of €9.7 billion ($9.9 billion) to nationalize electricity provider EDF, the country’s Ministry of Economy and Finance said on Tuesday. The state already owns 84% of the company’s shares. The government plans to file the offer with the Financial Markets Authority by early September and hopes to complete the takeover at the end of October, Euronews reported, citing the ministry. The state will offer €12 a share, a premium of 53%

Hence then, the article about france to nationalize country s biggest power provider was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( France to nationalize country’s biggest power provider )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

USGS Finds 328 Years of Lithium Imports Buried in Appalachia

before hour & 20 minute

Trump’s Renewable Energy Crackdown Hits Legal Wall

before 3 hours & 10 minute

Africa: DRC's Rise to Africa's Top Five - A Moment Built on Minerals and Momentum

before 7 hours & 12 minute

Spirit Airlines, low-cost innovator, shuts down after Trump bailout plan fails

before 7 hours & 26 minute

Las Vegas Review-Journal Launches VegasBusiness, a New Multiplatform Business Brand Serving Southern Nevada Leaders

before 9 hours & 15 minute

Solicitor shares the common mistakes people make when writing their wills

before 9 hours & 45 minute

Hormuz Deadlock Persists as Trump Faces War-Powers Deadline at Home

before 19 hour & 13 minute

China Flips the Switch on Fuel Exports as Asia Runs Short

before 21 hour & 8 minute

Russia’s Oil Revenues Surge as the World Scrambles for Supply

before 23 hour & 13 minute

First Online Conversations Are Changing in 2026, According to New Secretmeet Research

before 23 hour & 58 minute

Randolph-Macon Academy brilla en la fiesta en honor al Rey Carlos III y la Reina Camila

2026-5-2

Inside BP’s Dramatic Pivot Back to Oil and Gas

2026-5-2

CCTV+: Hallo, Beijing! Erkundung der Stadt im Rahmen der 240-stündigen visafreien Transitpolitik Chinas

2026-5-2

POVADDO AND PROLEGIS ANNOUNCE STRATEGIC PARTNERSHIP TO EXPAND ACCESS TO PUBLIC POLICY PROFESSIONALS FOR OPINION RESEARCH

2026-5-2

Pemex Faces a Reckoning After Major Oil Spill

2026-5-2