The EDF Group has sold its 25 percent stake in Swiss power company Alpiq Holding to EOS Holding and Primeo Energie for a reported $489 million, according to Reuters.
In April, EDF announced it had signed a bidding agreement related to the disposal of the stake.
The two Swiss buyers already had previous shares in the company — EOS with 31.4 percent and Primeo Energy with 13.7 percent. Combined, the two will have an 88 percent stake in Alpiq.
