France to become Eramet's top shareholder via miner's capital hike

By Reuters News

- France is set to become Eramet's ERMT.PA largest shareholder by increasing its stake during a €500 million ($558.50 million) capital increase later this year, the French mining group said on Monday.

The French state will raise its stake to up to 49%, from 27% currently, by acquiring some of the holding of the Duval family, at the moment Eramet's biggest shareholder with a 37% stake, Eramet said.



($1 = 0.8953 euros)

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