Nearly 10 billion euros to nationalize EDF, that is what is called a “big bounty”, valued Bloomberg, in the USA. “This offer at 9.7 billion euros, which, at 12 euros per share, was at the top of expectations”, is expected to secure full state ownership of the group in mid-October. It will allow the government “to continue its long-term investments in carbon-free energy”.
The stakes are high for France, recalls the American financial site. “At a time when Europe is experiencing its worst energy crisis in a generation, the French State wants to regain full ownership of a debt-ridden EDF in order to be able to keep household electricity bills under control, while making massive investments to reduce the country’s dependence on imported fossil fuels.”
“Drive as you please”
According to the economic press, the offer is generous for EDF, which is in a poor situation. A naked park