Areva's supervisory board met on Saturday to review the terms of a long-awaited fundraising, a day after France and Kuwait agreed to inject 900 million euros ($1.19 billion) into the French nuclear group.
The meeting started at 0
Kuwait's sovereign wealth fund is to take a 600 million euro ($792 million) stake in French nuclear group Areva as part of a capital increase that will also see the French state invest 300 million.
Economy Minister Christine Lagarde sa
Qatar's sovereign wealth fund said it will only invest in French nuclear group Areva's capital increase if it can convert that investment into its mining division, possibly delaying negotitations, French daily Les Echos reported.