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EDF and AREVA sign binding agreements for the sale of AREVA NP’s activities

21 Nov 2016

Advising Areva in connection with signing of the contract setting the terms of the sale of an interest conferring exclusive control by EDF of an entity (“NEW NP”), a 100% subsidiary of AREVA NP, that will combine AREVA Group’s activities relating to design and equipments’ manufacturing of nuclear reactor and, fuel design and assemblies manufacturing and services to the nuclear installed base.

The sale price for 100% of the equity value of NEW NP is confirmed at 2.5 billion euros, excluding the potential price complements and adjustments and with no transfer of financial debt at the closing date.

Matter Type
Fund/Investment Management
Industry
Energy & Utilities
News Category
Energy, Utilities & Natural Resources