| From Gulf-times.com: The board of French nuclear power group Areva should approve a capital increase tomorrow with Qatar and Kuwait’s sovereign wealth funds and Mitsubishi each taking a 5% stake for 3bn euros ($4bn) in total, La Tribune reported.
The rights issue is part of Areva’s state-backed plan to expand and invest in a new generation of nuclear power generators for which it will need to raise 10bn euros by 2012, the Paris-based paper said........................................Full Article: Source
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