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UPDATE 3-Siemens could sell Areva nuclear stake | Reuters

UPDATE 3-Siemens to sell Areva nuclear stake?

PARIS/MUNICH, Jan 23 (Reuters) By Benjamin Mallet and Irene Preisinger – “………………….The board of German industrial group Siemens AG will meet on Monday to decide on the future of its stake in a unit of France’s Areva that it obtained in a nuclear tie-up a decade ago.

If the board decides to sell it would mark a further narrowing of the corporate focus of the once sprawling German conglomerate and could provide the starting shot for a restructuring of the French nuclear industry.

January 24, 2009 - Posted by Christina Macpherson | Uncategorized

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