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Sovereign Wealth Funds Briefing - Categorized | Investment

Areva sold Eramet 26pct stake to French sovereign fund FSI

Posted on 17 May 2012

French state-controlled nuclear engineering firm Areva Wednesday said it finalized the sale of its 26% stake in mining company Eramet SA to French state-owned investment fund Fonds Strategique d’Investissement for EUR776 million.
This operation is being conducted subsequent to the signature of the share purchase agreement concluded on March 16 and to the lifting of the standard conditions precedent imposed with regard to the antitrust authorities and the stock market regulator, Autorité des marchés financiers………………………………………..Full Article: Source


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