PARIS, 27 April (Reuters) -- French utility EDF (EDF.PA)
said on Tuesday it would buy out three shareholders looking to
sell their stakes in Belgian utility SPE-Luminus.
EDF currently owns 51 percent of SPE which it acquired last
year from UK utility Centrica (CNA.L) (CNA.L). It said three
shareholders representing 12.5 percent of SPE's capital had
decided to exercise all or part of their put options.
EDF did not say at what price the stake would be bought.
In addition EDF said it signed a new agreement with the
Belgian publics shareholders which currently hold 36.5 percent
of the company.
The new agreement defines the reciprocal commitments,
conditions of liquidity for minority shareholders and the means
of cooperation between shareholders.
(Editing by Jon Loades-Carter)