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

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Basagan ng Trip with Leloy Claudio: Why finance experts should challenge mutual funds in PHHave you invested in mutual funds in the Philippines? This episode explains how and why you are being shortchanged. Yay!?!? AXA is mentioned, i remember my friend asking me if the latter is in a lossing end. I really dunno seriously, that’s why i was surprised to check this video. COOL I work in the investment management industry for more than 10 years. Yes, I agree with Leloy. The Philippine fund management industry charges a lot of fees. Most financial advisors do not care about the fees because they sell these products and earn commissions. Consider exploring Home Development Mutual Fund or commonly known as Pag-IBIG Fund. Earning is also tax-free and your investment is government-guaranteed. Its performance is much higher than any other mutual funds. The good thing is even ordinary Juan can invest pagibigfund
Source: rapplerdotcom - 🏆 4. / 86 Read more »