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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Investment

France will take necessary time for Areva Capital deal

Posted on 02 December 2010

From Dow Jones: French Finance Minister Christine Lagarde Wednesday said the government will take the necessary time to conclude talks with investors on increasing the capital of nuclear group Areva. The government is talking with a number of investors and talks are advancing well with the Kuwait sovereign wealth fund, Lagarde said.
“We will take the necessary time to reach an agreement on a transaction that is respectful of the company’s value,” she told reporters during a press conference. Lagarde said the government will make the right decision at the right time with the right partner……………………………………….Full Article: Source


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