News: Areva SA (ARVCY.PK)

ARVCY.PK on OTC Markets Group

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2 Jun 2015
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UPDATE 1-French govt backs Areva reactor unit sale, recapitalisation

PARIS, June 3 - The French government said on Wednesday it would recapitalise state-owned nuclear group Areva as it gave its backing for power company EDF's plan to take over its nuclear reactor business.

French govt backs EDF takeover of Areva reactor business: Le Figaro

PARIS - The French government supported power group EDF's plan to buy state-owned Areva's nuclear reactor business at a meeting on Wednesday, Le Figaro newspaper reported on its website.

Engie CEO says interested in Areva stake

PARIS, May 23 - French gas and power group Engie could take a stake in nuclear firm Areva to create a large international group handling nuclear maintenance and services, its chief executive said on Saturday.

EDF makes indicative offer for Areva reactors arm

PARIS - French power utility EDF has made an indicative offer for nuclear group Areva's reactors business, a spokesman for Areva said. Les Echos newspaper, citing sources, said the bid was worth just over 2 billion euros ($2.2 billion).

Deals of the day- Mergers and acquisitions

May 22 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

UPDATE 2-EDF makes indicative offer for Areva reactors arm

* President Hollande to review Areva options June 3 (Adds details on timing)

EDF makes indicative offer for Areva reactors arm

PARIS, May 22 - French power utility EDF has made an indicative offer for nuclear group Areva's reactors business, a spokesman for Areva said. Les Echos newspaper, citing sources, said the offer was worth just over two billion euros.

EDF to propose buying Areva reactor unit in coming days

PARIS - French utility EDF plans to offer to buy the nuclear reactor business of fellow state-controlled group Areva , EDF Chief Executive Jean-Bernard Levy said on Tuesday, giving few clues on the possible price.

UPDATE 3-EDF to propose buying Areva reactor unit in coming days

* French PM says Engie could be part of a solution (Adds Areva chairman, French PM, analyst comment)

Areva, EDF alliance talks stall over valuation-sources

PARIS - Talks about French utility EDF buying nuclear group Areva's reactor business are being held up by disagreements about its value, two sources close to the talks said on Thursday.

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