Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, January 17, 2017

CIVIL NUCLEAR France sells off Engie stake to finance Areva rescue

CIVIL NUCLEAR
France sells off Engie stake to finance Areva rescue Paris (AFP) Jan 11, 2017 - France has sold a 4.1-percent stake in energy company Engie, pulling in 1.14 billion euros ($1.2 billion) to help finance a state-led rescue of troubled nuclear firm Areva. The sale of 100 million Engie shares was 10 million above the amount initially offered, the APE agency which manages shareholdings for the French state said in a statement late on Tuesday. The sale leaves the French s ... morehttp://www.nuclearpowerdaily.com/reports/France_sells_off_Engie_stake_to_finance_Areva_rescue_999.html



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