Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

EDF : Intervention looking more and more likely

>Successful capital increase - The capital increase is a success. The group last week announced the issuance of close to 500 million new shares at a unit price of € 6.35/share with significant involvement by the French government which has maintained its capital stake at around 83.88% and total market demand accounting for around 280% of the remaining available shares, equating to an amount of € 510m. The gross amount of the capital increase amounts to € 3.164bn and w...
Underlying
Electricite de France SA

Electricite de France is an integrated energy company with a presence in a range of electricity-related businesses: nuclear, renewable and fossil-fuel fired energy production, transmission, distribution, marketing as well as energy management and efficiency services, along with energy trading. Co. is an integrated energy company engaged in all aspects of the energy business: generation, transmission, distribution, supply and trading of energies. Co. is an electricity operator in France and abroad. The breakdown used by Co. for its activities is as follows: France; United Kingdom; Italy; Other International; and Other activities.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Louis Boujard, CFA

Philippe Ourpatian

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