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EDF Plans to Increase Stake in Dalkia to 50%, Les Echos Reports

Electricite de France SA plans to increase its stake in Dalkia to 50 percent, French daily Les Echos reported, without citing anyone.

In return EDF will contribute a series of central European assets to the joint venture with Veolia Environnement SA (VIE), Les Echos said. The idea of EDF raising its 3.9 percent stake in Veolia has been abandoned, the newspaper added.

To contact the editor responsible for this story: David Whitehouse at dwhitehouse1@bloomberg.net

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