3 Feb 2017 - French nuclear group Areva said today it had reached an agreement with Japan Nuclear Fuel Limited (JNFL) and Mitsubishi Heavy Industries (MHI) to buy a combined 10% stake in nuclear fuel group NewCo for €500m ($538m).
The state-owned company also said that the capital of NewCo – which is being split off from Areva in a government-led rescue – remains open to other strategic investors.
Shareholders of parent company Areva SA and NewCo were expected vote on two capital (...)
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