France to invest 3 bln euros in EDF, accept dividends in shares

PARIS, April 22 (Reuters) - The French state will subscribe

for 3 billion euros of a planned 4 billion-euro share issue by

EDF and will accept the majority state-owned utility's

proposal to pay its dividend on 2016 and 2017 earnings in

shares, the French finance and economy ministries said in a

joint statement on Friday.

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