Electricite de France shares jump after French prime minister says country will nationalize it
Shares of French nuclear power operator Electricite de France rose 8% in afternoon Paris after French Prime Minister Ãƒâ€°lisabeth Borne said the French state will nationalize the company. The French government already owns 80% of the utility. Borne's comments came in a broader address to French parliament on the need to prepare for Russian gas cuts.
(END) Dow Jones Newswires
July 06, 2022 10:06 ET (14:06 GMT)
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