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Provider: Reuters Investment Profile
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Provider: Sadif Analytics Prime

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Areva SA Completes Disposal Of Majority Stake In Technoplus Industries To AVA Conseil

Monday, 5 Aug 2013 03:08am EDT 

Areva SA announced the closing of the sale of 65.2% share in Technoplus Industries (TPI) to AVA Conseil. CNIM remains minority shareholder of TPI with its 34.8% stake. The proceeds from the sale of TPI will contribute to the financing of the strategic and safety investment program, as well as to the debt management of AREVA.