International edition
September 16, 2019

Statements by Finance Minister Bruno Le Maire

French government seeks to privatize national lottery company in November

French government seeks to privatize national lottery company in November
The French Finance minister said Sunday that the privatization would most likely occur “during the month of November” barring any sharp stock-market downturn.
France | 09/06/2019

The French state, which currently controls 72% of Francaise des Jeux (FDJ), said it plans to retain at least 20% of Europe’s second-biggest lottery operator.

F

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

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, according to Reuters.

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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