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The price of a lock-up

25 November 2002 By Hugo Dixon, Hugo Dixon, Hugo Dixon, Hugo Dixon, Hugo Dixon, Hugo Dixon, Hugo Dixon

The conglomerate has offered an inducement to persuade EdF and a range of mostly French financial institutions to buy in. Not only do they get to buy at a 10% discount. They also get a twoyear option to buy the rest of the stake for only a 6% premium.

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The price of a lock-up

25 November 2002 By Hugo Dixon, Hugo Dixon

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