French line up RTE for sale

The French government has given a strong indication that its next big privatisation after next month's flotation of Electricité de France will be the sale of shares in RTE-EDF, Europe's largest electricity cable network.

French newspaper L'Agefi reports that François Loos, French industry minister, yesterday said RTE-EDF should be allowed to operate as an independent company and that the government was considering opening up its capital to investors.

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