The French market regulator Tuesday said it has authorized French state-controlled power company Electricite de France SA (EDF.FR) to delist the shares of renewable energy company EDF Energies Nouvelles (EEN.FR) on Aug. 16.
The French market regulator Tuesday said it has authorized French
state-controlled power company Electricite de France SA (EDF.FR) to delist the
shares of renewable energy company EDF Energies Nouvelles (EEN.FR) on Aug. 16.
Electricite de France secured a 96.71% stake in EDF Energies Nouvelles through
a public tender offer in June.
EDF had offered EUR40 a share for EDF Energies Nouvelles and will pay EUR40 to
any investors who still hold shares.
Trading of EDF Energies Nouvelles shares will be suspended until Aug. 16.
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