EDF tops expectations with float price

Electricite de France (EDF) is set to raise up to €7bn when it is partially privatised next week, it was announced today.

EDF tops expectations with float price
Fri, 18 Nov, 2005 - 15:54

Electricite de France (EDF) is set to raise up to €7bn when it is partially privatised next week, it was announced today.

France’s finance minister Thierry Breton said there had been a rush in demand for the shares, which will cost individual investors €32 and institutions €33. This was at the top end of the previously announced price range.

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CourtsBusinessHeathrowPlace: UKPlace: HeathrowPlace: GatwickPlace: Stansted airportsPlace: EuropePlace: FrancePerson: Thierry BretonPerson: BretonOrganisation: EDFOrganisation: Electricite de FranceOrganisation: London EnergyOrganisation: Seeboard EnergyOrganisation: French governmentOrganisation: SWEB EnergyOrganisation: EDF EnergyOrganisation: BAAOrganisation: Channel Tunnel Rail LinkOrganisation: London UndergroundOrganisation: Canary WharfOrganisation: Gaz de France
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