EdF targets €60bn for float

Electricité de France, France's main electricity provider, is likely to be valued at about €60bn ($73bn) by the French government ahead of the proposed sale of 15% of its shares next month.

Morgan Stanley and Calyon are advising the French government, while BNP Paribas, Rothschild and Citigroup are advising Electricité de France on the sale.

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