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EDF to protect minority shareholders in restructuring


Reuters


PARIS, May 16 (Reuters) - French state-controlled utility EDF will protect its minority shareholders in any possible restructuring of its capital, CEO Jean-Bernard Levy told shareholders on Thursday.

The French government last year asked Levy to make proposals by the end of 2019 about restructuring EDF, in order to make its nuclear power generation activity more independent of the rest of its business.

"I will personally guarantee the equitable treatment of all shareholders ... their legitimate interests will be taken into account in any financial operations that may be decided," Levy told shareholders at their annual meeting.






This article appears in: World Markets , US Markets , Stocks
Referenced Symbols: EDF




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