14.12.2010 - Areva capital raise is just a stopgap
From WSJ: Selling 15% of Areva to strategic investors was supposed to herald a fresh start for France's state-owned nuclear-technology champion after years of dithering. Instead, the government has come up with a temporary fix in raising €600 million ($794 million) by selling just 4.8% to Kuwait's sovereign-wealth fund. Getting more strategic investors on board next year may be difficult given doubts about Areva's long-term strategy..............................................Full Article: Source
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