French nuclear group Areva is in talks with Kazakhstan over a potential investment in the company, although it is too early to say whether a deal can be reached, a spokeswoman for the French industry ministry said on Friday. The French government decided last year to reorganise Areva, hit by low demand for nuclear power after the Fukushima disaster in Japan in 2011. The company plans to split in two and raise 5 billion euros ($5.57 billion) in new capital. Kazakhstan is interested in buying a stake in the French state-controlled group and a delegation from its mining company Kazatomprom met French officials on Thursday in Paris, French TV channel BFM Business reported earlier, citing unnamed sources.
Reuters 7th Oct 2016 read more »