Japanese firms take 10% stake in new Areva for $538m

Japanese firms take 10% stake in new Areva for $538m

A view shows the Areva Tower, the headquarters of the French nuclear reactor maker Areva, at La Defense business and financial district in Courbevoie near Paris, France, May 7, 2015 REUTERS/Charles Platiau

Two Japanese firms agreed to buy a combined 10 percent stake in the new company being split off from Areva for 500 million euros ($538 million) on Friday, helping a state-backed rescue of the French nuclear group.

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