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CORRECTED-France's EDF sells its Exelon stake
January 11, 2013 / 8:00 AM / 5 years ago

CORRECTED-France's EDF sells its Exelon stake

(Removes extraneous word “euros” from first paragraph.)

PARIS, Jan 11 (Reuters) - French power group EDF said on Friday it had sold its entire 1.6 percent stake in U.S. power group Exelon Corp for $470 million.

The deal was made at an average selling price of $34.70 per share, which represented an 18.6 percent premium on Exelon’s closing share price on January 10, the statement said. (Reporting by Dominique Vidalon; Editing by Alison Birrane)

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