PARIS (Reuters) – 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).
($1 = 0.9846 euros)
(Reporting by Dominique Vidalon and Silvia Aloisi; Editing by Sudip Kar-Gupta)
