Energy Net
The French state will sell a chunk of nuclear giant Areva to Asian and Middle Eastern investors to help finance the future of a group considered a jewel in the country's industrial crown, a report said Friday.
The Financial Times said the government was preparing a capital increase for the state-controlled group and could sell a 15 percent stake to raise two billion euros (2.8 billion dollars).
The move would leave the French state with 75 percent of Areva, a world leader in nuclear power with manufacturing facilities in 43 countries, down from its current 90 percent.
nuclear energy policy development areva france europe economics nuke.news nuke.news.int
Would you like to comment?
Join Diigo for a free account, or sign in if you are already a member.