EDF Moves to Rescue AREVA, Will Buy Majority of Nuclear Reactor Business

EDF Moves to Rescue AREVA, Will Buy Majority of Nuclear Reactor Business
France's state-owned utility EDF will snap up between 51% and 75% of troubled nuclear giant AREVA's reactor business in a possible $2.96 billion deal.  While the French government owns about 87% of AREVA and 85% of EDF, the utility that… Read Morehttp://www.powermag.com/edf-moves-to-rescue-areva-will-buy-majority-nuclear-reactor-business/?hq_e=el&hq_m=3127164&hq_l=13&hq_v=30108e0773