Financial News

Shares in French gaming and lottery operator La Française des Jeux (FDJ) began trading on the Euronext Paris stock exchange Thursday following its successful initial public offering which raised approximately €1.6bn.

A total of 81,141,631 existing FDJ shares were sold by the French government, representing 42.5 per cent of the company’s share capital and giving FDJ a market capitalization of around €3.7bn.

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