Home News Buyer's Guide Features Events Jobs Video Advertise With Us Company A - Z White Papers Press Releases Contact Us Digital Edition Subscribe Online

GdF soars on first day of trading

12 July 2005


Print Email

The first day of share trading in Gas de France (GdF), which followed its recent IPO, saw its share price soar by close to 25% on the day.

Almost 60% of the shares had been reserved for individuals and GdF employees, with some three million French domestic investors delighted that GdF shares closed 23% higher at €28.50 on their first day of trading, giving GdF a market value of close to €28 billion.

The success of the GdF divestment looks all but certain to pave the way for the sale of a stake in Electricité de France (EdF), despite massive union opposition.


Post to: http://del.icio.us/post?url=http%3a%2f%2fwww.modernpowersystems.com%2fnews%2fnewsgdf-soars-on-first-day-of-trading&title=GdF+soars+on+first+day+of+trading Delicious http://digg.com/submit?url=http%3a%2f%2fwww.modernpowersystems.com%2fnews%2fnewsgdf-soars-on-first-day-of-trading&title=GdF+soars+on+first+day+of+trading Digg http://reddit.com/submit?url=http%3a%2f%2fwww.modernpowersystems.com%2fnews%2fnewsgdf-soars-on-first-day-of-trading&title=GdF+soars+on+first+day+of+trading reddit http://www.facebook.com/sharer.php?u=http%3a%2f%2fwww.modernpowersystems.com%2fnews%2fnewsgdf-soars-on-first-day-of-trading Facebook http://www.stumbleupon.com/submit?url=http%3a%2f%2fwww.modernpowersystems.com%2fnews%2fnewsgdf-soars-on-first-day-of-trading&title=GdF+soars+on+first+day+of+trading StumbleUpon






Linkedin Linkedin   
Top of page
Modern Power Systems is a product of Progressive Media International. Registered office: 40-42 Hatton Garden, London, England, EC1N 8EB. © 2024, All Rights Reserved.
Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.