The procedure to completely renationalize EDF will take place on June 8, forcing the remaining 2% of shareholders to sell their shares. The State, which until now owned 84% of the company, wanted to regain control in particular to revive nuclear power more quickly.
At the beginning of May, the court rejected the appeal of small holders of EDF who hoped to obtain a better price for their shares, claiming at least 15 euros. The Fonds commun de placement en actions (FCPE), which represents some 100,000 EDF employees or retirees, announced the decision to bring an action for compensation before the Council of State.