Qatar’s sovereign wealth fund said it will only invest in French nuclear group Areva’s (CEPFi.PA) capital increase if it can convert that investment into its mining division, possibly delaying negotitations, French daily Les Echos reported.
The Qatar Investment Authority, along with French utility EDF (EDF.PA) and Japanese group Mitsubishi Heavy Industries (7011.T), is in talks to invest 1.5-3 billion euros ($2.0-4.1 billion) in Areva to help it fund international expansion.
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