EDF announces the launch of the sale of its shareholding in VEOLIA ENVIRONNEMENT
Electricité de France S.A. (EDF.PA) announces that it has initiated today the sale of a total of 22,024,918 Veolia Environnement S.A. (VIE.PA) shares, representing 4.01% of the share capital and 4.12% of the voting rights of Veolia Environnement as of June 30, 2013, by means of a private placement through an accelerated book building for institutional investors. Upon completion of the offering, EDF will have sold all of its shares in Veolia Environnement. The offering will commence immediately and will be managed by Morgan Stanley. EDF intends to issue a press release upon the completion of the offering to disclose the results of the offering.
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