September 1, 2019 / 8:59 AM / 3 months ago

France plans to privatise lottery company Francaise des Jeux in November: finance minister

PARIS (Reuters) - France aims to privatise its national lottery company Francaise des Jeux (FDJ) in November, Finance Minister Bruno Le Maire said on Sunday.

The French state, which currently controls 72% of FDJ, has said it plans to retain at least 20% of Europe’s second-biggest lottery operator following the sell-off, promised for this year.

Le Maire said the privatisation would most likely occur “during the month of November” barring any sharp stock-market downturn. He was speaking in an interview with CNEWS televsion, Europe 1 radio and daily Les Echos.

Reporting By Simon Carraud,; Writing by Laurence Frost; Editing by Raissa Kasolowsky

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below