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France may sell Areva stake

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France may sell Areva stake

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The French government is reportedly preparing to sell up to 15 percent of nuclear power firm Areva.

A story in the Financial Times said the buyers would be strategic partners in Asia, the Middle East and elsewhere. The money raised – around two billion euros – would be used to to fund the state-owned nuclear group’s development. Japan’s Mitsubishi Heavy Industries said it would consider buying a stake.