France to pay nearly €10bn to fully nationalise EDF
by Alex Lawson Energy correspondent from World news | The Guardian on (#61J8X)
Government seeks to shore up domestic energy supplies amid European crisis
The French government is poised to pay nearly 10bn (8.5bn) to fully nationalise EDF as ministers attempt to tackle the European energy crisis.
The French finance ministry said on Tuesday it had offered 9.7bn or 12 a share to buy the 16% of debt-laden EDF it does not already own.
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