27 Jan (NucNet) : EDF has agreed a significant investment Areva’s reactor business with its board yesterday approving plans to take a controlling stake in Areva NP, valuing the reactor unit at about €2.5bn ($2.7bn).
Areva also separately announced a €5bn capital increase that would be backed by the French state.
EDF confirmed it was contemplating participation of between 51 and 75 percent in Areva NP and that EDF would make a binding offer following the finalisation of (...)