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Deals Rumor Mill: EDF, Mitsubishi, Barry Diller

By Karlee Weinmann ( September 12, 2013, 1:43 PM EDT) -- French utility Electricite de France SA has opened discussions with bankers over a partial sale of its $16 billion electricity-transport division, RTE, Reuters reported on Thursday. The unit boasts a 62,000-mile high-voltage network that clocks in as Europe's biggest, extending from northern France to the southern part of the country. State-owned EDF has sought to divest assets to generate funds to cover much-needed upgrades to its nuclear facilities and bite into its debt pile. Lazard Ltd. and Morgan Stanley are widely considered frontrunners in the process, based on previous ties to EDF management and roles in other EDF deals....

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