EDF Offers EU2b for Areva Reactors, Les Echos Reports
2015-05-22 19:51:29.914 GMT
By James Kraus
(Bloomberg) -- Offers “slightly” >EU2b for Areva NP
reactors, Les Echos reports, citing unidentified people close to
the matter.
* Valuation based on a multiple of 7.5 times Ebitda taking
into account restructurings implemented
* Offer is indicative and subject to due diligence, will be
adjusted for a firm offer
* Amount offered corresponds to ~1/3 Areva’s estimated
financing needs
* Offer includes engineering activities, reactor design
* NOTE: Earlier, Areva Needs a New Strategy to Overcome
Nuclear Power Losses
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To contact the reporter on this story:
James Kraus in Geneva at +41-22-317-9232 or
jkraus2@bloomberg.net
To contact the editor responsible for this story:
Mariajose Vera at +49-89-244478-803 or
mvera1@bloomberg.net
2015-05-22 19:51:29.914 GMT
By James Kraus
(Bloomberg) -- Offers “slightly” >EU2b for Areva NP
reactors, Les Echos reports, citing unidentified people close to
the matter.
* Valuation based on a multiple of 7.5 times Ebitda taking
into account restructurings implemented
* Offer is indicative and subject to due diligence, will be
adjusted for a firm offer
* Amount offered corresponds to ~1/3 Areva’s estimated
financing needs
* Offer includes engineering activities, reactor design
* NOTE: Earlier, Areva Needs a New Strategy to Overcome
Nuclear Power Losses
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
James Kraus in Geneva at +41-22-317-9232 or
jkraus2@bloomberg.net
To contact the editor responsible for this story:
Mariajose Vera at +49-89-244478-803 or
mvera1@bloomberg.net