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CNNC - another failed transaction

  1. 14,139 Posts.
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    2015 : Areva opens possibility of minority stake buy by CNNC: Areva and China National Nuclear Corp, or CNNC, signed a memorandum of understanding in Beijing Monday (Nov. 2) involving the "possible" acquisition of a minority stake by CNNC in the French nuclear company's capital, Areva said in a statement. (Platts Nov. 2, 2015)
    2017 : China National Nuclear Corporation (CNNC) will not acquire an interest in the capital of Areva: Negotiations between the French state, the nuclear group and its partner CNNC have failed. (Le Monde Jan. 31, 2017)

    http://www.wise-uranium.org/uccog.html
 
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