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Japan’s Mitsubishi Heavy Industries (MHI) buying into failed French nuclear company AREVA

Reuters 31st July 2017, Japan’s Mitsubishi Heavy Industries (MHI) will buy a 19.5 percent stake in nuclear reactor builder Areva New NP as part of the sale of the Areva unit to utility EDF, MHI said in a statement.

MHI confirmed it is also scheduled to acquire a 5 percent stake in nuclear fuel group New Areva Holding, formerly referred to as “NewCo”, by the end of this year.  http://af.reuters.com/article/commoditiesNews/idAFL5N1KM4MU

August 4, 2017 - Posted by | business and costs, Japan

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