France's EDF to be fully nationalised: PM

Updated July 7 2022 - 2:06am, first published 2:01am
EDF has been hurt by French government rules forcing it to sell power to rivals at a discount.
EDF has been hurt by French government rules forcing it to sell power to rivals at a discount.

The French government plans to fully nationalise EDF, Prime Minister Elisabeth Borne has announced, sending shares in the debt-laden power utility sharply higher.

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