French Fin Min: Govt To Sell EdF Stake "As Soon As Possible"

The French government intends to sell part of its stake in majority state-owned utility Electricite de France"as soon as possible," French finance minister Christine Lagarde told reporters Friday.
Dow Jones Newswires
Παρ, 30 Νοεμβρίου 2007 - 03:02
The French government intends to sell part of its stake in majority state-owned utility Electricite de France"as soon as possible," French finance minister Christine Lagarde told reporters Friday.

 "We always act as soon as possible when the president has made a decision of this kind," Lagarde said, commenting on French president Nicolas Sarkozy's decision to sell part of the state's stake in EdF.

Sarkozy said late Thursday he plans to sell 3% of EdF to finance a EUR5 billion investment program in the country's universities.

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