EDF Seeks To Fully Acquire EDF Energies Nouvelles

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France-based utility EDF, which currently holds 50% of renewable energy company EDF Energies Nouvelles, has made an offer to acquire the remaining 50% stake in the company.

EDF Energies Nouvelles' board of directors has conducted an initial review of the offer's terms and found it ‘favorable.’ Expected benefits include stronger cooperation and profitable growth.

SOURCE: EDF Energies Nouvelles

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