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French nuclear operator Electricite de France (EDF) has agreed to buy a majority stake in nuclear group Areva's reactor business subsidiary, Areva NP. EDF said it had signed a memorandum of understanding (MOU) with Areva specifying that it will take "majority control" of Areva NP of "at least 51%" with a maximum stake of 25% held by Areva and the potential participation of minority partners.
- Source: NEI Magazine
- Date: Friday, 31 July 2015
- Original article: neimagazine.com/news/newsedf-to-buy-majority-of-areva-np-4635803