ECM awaits France’s next privatisation after FDJ

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By Aidan Gregory, Sam Kerr
18 Nov 2019

The IPO of Française des Jeux, the French gaming company that runs the national lottery, is set to close this week and equity capital markets are already eyeing up the next big sale from the French state.

Over the weekend French finance minister Bruno Le Maire told French television station BMF TV that the state was thrilled with the momentum behind the listing of FDJ and said that the government’s privatisation programme will continue following the IPO.

FDJ is expected to price its €1.3bn IPO ...

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