IFLR1000

Japan Nuclear Fuel/Mitsubishi Heavy Industries €500 million investment in New Areva Holding

21/3/2017
Public acquisition, Financial investment
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€ 250 million

$ 269.052 million

Announced

21/3/2017

Overview:

  • Japan Nuclear Fuel is set to acquire a 5% equity stake in New Areva Holding for €250 million.
  • Mitsubishi Heavy Industries has agreed to invest in the company with an equal sum. 
  • The French state will also subscribe to a reserved share capital increase of €2.5 billion.
  • The transactions are a part of New Areva Holding’s restructuring plan.
  • New Areva Holding is a subsidiary of Areva and encompasses all assets relating to Areva’s nuclear fuel cycle activities. 
  • The deal is expected to close by the end of 2017 or early 2018. 

Anna Kozakova - Journalist

Jurisdictions:

Japan
France

Deal types:

Public acquisition
Financial investment

Practice areas:

Banking
M&A

Industry sector:

Industrials and manufacturing

Firms:
Allen & Overy

Party: Areva NP (Investment target)

Lawyers: Adrian Mellor, Frédéric Moreau, Marc Castagnède

Bredin Prat

Party: French Republic (Subscriber)

Lawyers: Barthélémy Courteault, Patrick Dziewolski

Darrois Villey Maillot Brochier

Party: French Republic (Subscriber)

Lawyer: Christophe Vinsonneau

McDermott Will & Emery

Party: Mitsubishi Heavy Industries (Investor)

Lawyers: Jacques Buhart, Jonathan Wohl, Laurent Ayache, Nicolas Lafont

Shearman & Sterling

Party: Japan Nuclear Fuel Limited (Investor)

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