French officials have held exploratory talks about the potential for Middle Eastern sovereign wealth funds to take minority stakes of 1 to 5% in Areva, the French state-owned nuclear group. No decision has yet been taken, but the possible shift by Paris is part of a wider review of the future of Areva, which is in urgent need of new capital to take advantage of the global nuclear revival.

This entry was posted by Gwen Robinson on Thursday, March 12th, 2009 at 4:51 and is filed under Capital markets. Tagged with areva. Edit this entry.