France plans to privatize lottery company Francaise des Jeux in November: finance minister

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PARIS - France aims to privatize its national lottery company Francaise des Jeux (FDJ) in November, Finance Minister Bruno Le Maire said on Sunday.

– France aims to privatize its national lottery company Francaise des Jeux in November, Finance Minister Bruno Le Maire said on Sunday.

A scratch card from the French lottery company Francaise des Jeux is seen in this picture illustration taken June 15, 2018. The French state, which currently controls 72% of FDJ, has said it plans to retain at least 20% of Europe’s second-biggest lottery operator following the sell-off, promised for this year.

Le Maire said the privatization would most likely occur “during the month of November” barring any sharp stock-market downturn. He was speaking in an interview with CNEWS television, Europe 1 radio and daily Les Echos.

 

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