Thursday, October 27, 2005

France Shelves Plans for AREVA Stock Sale

From Forbes.com:

A sale of shares in state-owned Aeroports de Paris will go ahead but there are no plans to offer a stake in nuclear energy group Areva by 2007, Dominique Villepin, the prime minister, announced at a news conference...

On Areva, the prime minister said: 'In a sector as strategic as the provision of fission materials, the enrichment and treatment of nuclear waste, state control must provide the necessary guarantees to our citizens as well as to our foreign clients.

'We understand that under these conditions, regarding Areva, the opening up to private capital is not one of the projects of my government,' he said.
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