French Games : bet in stock Exchange in view

The path to the privatization of the FDJ (Française des Jeux) will be long. After the adoption of the law Covenant by laying down the principle, the terms and c

French Games : bet in stock Exchange in view

The path to the privatization of the FDJ (Française des Jeux) will be long. After the adoption of the law Covenant by laying down the principle, the terms and conditions shall be specified by order. "The government will not be able to launch the operation before the fall," warns Olga Givernet, mp LREM, which follows the folder. The parliamentary debates have helped to clarify a few points. Mid-march, the Economy minister, Bruno Le Maire, has said that the ipo "is the preferred form today." With a few safeguards: the State, which owns 72 % of the JDF, will retain at least 20 %. It also commits to the other shareholders (the broken Faces of 9.2 %, employees 5 %, the Confederation of tobacconists 2 %...) to keep the minimum the same place at the round table.

While the control was previously fragmented between different entities, there will be a single regulatory authority that will monitor the activity of the FDJ, PMU, and operators of online games

In fact, the share of employees is expected to increase to 10 % because of the actions that will be reserved during the implementation of the Exchange. Similarly, 5 % minimum of the capital will be reserved to the shareholders ...

Date Of Update: 13 April 2019, 00:00
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