France plans to privatise lottery company Francaise des Jeux in November - finance minister

France plans to privatise lottery company Francaise des Jeux in November - finance minister
Image Credit: Wikipedia
  • Country:
  • France

France aims to privatize its national lottery company Francaise des Jeux (FDJ) in November, Finance Minister Bruno Le Maire said on Sunday. The French state, which currently controls 72% of FDJ, has said it plans to retain at least 20% of Europe's second-biggest lottery operator following the sell-off, promised for this year.

Le Maire said the privatization would most likely occur "during the month of November" barring any sharp stock-market downturn. He was speaking in an interview with CNEWS television, Europe 1 radio and daily Les Echos. (Reporting By Simon Carraud, Writing by Laurence Frost Editing by Raissa Kasolowsky)

Also Read: PM to visit France defence: Nuclear energy, counterterrorism to top agenda

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.