EDF CEO: Constellation Deal Should Be Completed By End Of 3Q

Dow Jones & Company, Inc. - May 20

Electricite de France SA's (EDF.FR) deal to buy half of U.S.
partner Constellation Energy Group Inc.'s (CEG) nuclear assets should be
completed
> before the end of September, Chief Executive Pierre Gadonneix said
> Wednesday.
>
> EDF should be able to lift all the conditions to which the deal
> is
> subject to "definitively" achieve the deal before the end of the third
> quarter, Gadonneix said at the company's annual general meeting of
> shareholders.
>
> EDF agreed in December to buy half of Constellation Energy Group
> Inc.'s (CEG) nuclear power business for $4.5 billion. EDF plans to
> build new
> nuclear plants with Constellation in the U.S.
>
> -By Adam Mitchell, Dow Jones Newswires; +33 1 40171756;
> adam.mitchell@
> dowjones.com