EDF Sells 49.9% Stake in RTE to CDC and CNP Assurances
Posted on 12/20/2016
On December 14, 2016, Caisse des Dépôts (CDC) and CNP Assurances inked a deal to acquire a 49.9% equity stake in Réseau de Transport d’Electricité (RTE) from EDF. Specifically, CDC is getting a 29.9% stake in RTE, while CNP Assurances is getting a 20% stake. The final agreed value was set at €8.2 billion for […]