French state has 85.12% of EDF, buyout bid continues

PARIS (Reuters) – The French state had 85.12% of power group EDF’s capital as of Nov.28, the financial markets regulator said on Thursday, meaning the state is still short of the 90% threshold needed to de-list the company.

The French government, which already owned 84% of the group, has launched a buyout offer for minority shareholders to fully nationalise the company.

(Reporting by Benjamin Mallet, writing by Silvia Aloisi)

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