Areva: Chinese nuclear company could take stake under terms of draft deal

GMT 12:45 2015 Monday ,02 November

Arab Today, arab today Areva: Chinese nuclear company could take stake under terms of draft deal

France's Areva
Paris - Arab Today

France's Areva said Monday that the state-owned China National Nuclear Corporation (CNNC) could take a minority stake in its capital under a draft deal signed in Beijing.

The draft deal signed during a visit President Francois Holland also foresees industrial cooperation with CNNC throughout the uranium cycle, said the state-owned Areva which is in the process of selling off its troubled reactor unit to EDF.

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