Banks line up for French state buyout of EDF. The French government is working with Goldman Sachs and Société Générale as it explores taking full control of utility EDF, with a tender offer to minority shareholders the preferred option, according to people familiar with the matter. The government announced this week it would take back the 16 per cent of EDF it does not already own, saying the move would bolster the energy group’s finances as it prepares for more … read more »
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