EDF shares rise after French PM says state will nationalise company


Reuters | Paris | Updated: 06-07-2022 19:16 IST | Created: 06-07-2022 19:16 IST
EDF shares rise after French PM says state will nationalise company
  • Country:
  • France

Shares in French power group EDF spiked by as much as 8% on Wednesday after French Prime Minister Elisabeth Borne told parliament the state aimed to fully nationalise the debt-laden utility in which it already holds over 80%.

EDF shares traded 5.1% higher at 1344 GMT.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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