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The News That Matters about the Nuclear Industry

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

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

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