France, EU Talks Over EDF Restructuring Could Still Last Months -BFM
January 25 2021 - 06:18AM
Dow Jones News
--Electricite de France SA's long-awaited restructuring may not
be ratified by the French government this year, French news channel
BFM reports, citing unnamed sources.
--The project, known as Hercules, has been delayed by the
European Commission which is asking for six more months of
discussions, according to BFM.
--The extended time frame for the project, which aims to split
up the French state-controlled electric utility company's
activities, wouldn't allow the reform to be passed in parliament by
the end of the year, BFM reports.
Full story in French: https://bit.ly/2YdDisW
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(END) Dow Jones Newswires
January 25, 2021 06:03 ET (11:03 GMT)
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