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Employee shareholders to sue EDF over France nationising nuclear industry

 An association of EDF employee shareholders announced on Sunday their plan
to sue the French state regarding its nationalisation of the power giant.
“Today the state needs to explain itself for the management as
ultra-majority stakeholder of the company,” the association “Energie en
actions” said in a statement.

The association holds that the government’s
decision goes against the interest of the company and the minority
shareholders, the statement added. The government will announce details of
its plan to fully nationalise the EDF, which runs the nation’s nuclear
power plants, by July 19.

 Reuters 17th July 2022


July 19, 2022 - Posted by | employment, France, Legal

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