View of the company logo of Electricite de France (EDF) on the facade of EDF's headquarters in Paris, France, July 7, 2022. REUTERS/Johanna Geron
PARIS: The French government is offering 12 euros per share to buy the 16% stake in debt-laden EDF it does not already own, as it moves to take full control of Europe's biggest nuclear power operator, the finance ministry said on Tuesday.
This would represent a premium of 53% to closing price of July 5, before the government announced the planned nationalisation, the ministry said, adding the overall value of buyout offer totalled 9.7 billion euros ($9.85 billion).
