May
25
EDF Said to Offer EU2 Billion for Areva’s Nuclear Business
By
Jean-Bernard Levy, chief executive officer of Electricite de France SA. Photographer: Marlene Awaad/Bloomberg
Electricite de France SA has offered about 2 billion euros ($2.2 billion) for the reactor businesses of Areva SA, the troubled French builder of atomic plants, according to a person familiar with the situation.
The non-binding offer opens the way for an unspecified period of negotiations and due diligence between the companies and the French government, which controls both, said the person who could not be named because the talks are private…
EDF Said to Offer EU2 Billion for Areva’s Nuclear Business
