Electricite de France SA
(Paris: EDF.PA)
17.35 +0.93%
| 52WK RANGE: | 13.39 - 18.265 |
| VOLUME: | 2254685 |
| AVG VOL: | 2374015 |
| MARKET CAP: | 32.040B |
| P/E RATIO: | 9.67 |
Related stories on eboom
E•BOOM CAPITAL: French Power Giant Launches €1.5 Billion Tender Offer
April 11, 2011 - 12:25PMShares of French-based renewable energy company EDF Energies Nouvelles S.A. (Paris: EEN.PA) closed up 10% today after French state-controlled power giant Electricite de France SA (Paris: EDF.PA) announced on Friday it will launch a €1.5 billion offer for the 50% of EDF Energies Nouvelles it does not hold. Electricite de France will offer €40 a share in cash or 13 EDF shares for 11 EDF Energies Nouvelles shares. (€1 = $1.44 April 11)
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