France to pocket 1.8 bln euros from lottery privatisation
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PARIS (Reuters) - The French state will bank 1.8 billion euros (£1.5 billion) from selling down its stake in the national lottery operator, according to the final price set on Wednesday in a listing that will serve as a test for France's privatisation push. President Emmanuel Macron's pro-business government kicked off the biggest wave of privatisations in over a decade with the initial public offering (IPO) of Francaise des Jeux (FDJ) . It is seeking to raise money for an innovation fund, to..