EDF :EDF's mandatory tender offer on Edison

 | Source: EDF EDF

EDF's mandatory tender offer on Edison

CONSOB, the Italian financial markets authority, has authorized on June 27, 2012 EDF's subsidiary Transalpina di Energia S.r.l to launch a mandatory tender offer on the ordinary shares of Edison S.p.A that EDF does not own (1 003 045 298 shares representing 19.36 % of the company's capital) at a price of €0.89 per share.

The acceptance period will begin on July 2, 2012 and end on August 3, 2012, subject to possible extension.

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EDF's mandatory tender offer on Edison

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