Mergers: The Commission clears the takeover of the Areva Group’s nuclear reactors business by EDF

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Series Details IP/17/1466 (29.05.17)
Publication Date 29/05/2017
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On 29 May 2017 the European Commission approved EDF's proposed takeover of New NP, the Areva Group's nuclear reactors business, under the EU Merger Regulation. The Commission concluded that the transaction would not raise competition concerns.

EDF and its subsidiaries are mainly active on the electricity markets, especially in the production and wholesaling, transmission, distribution and supply of electricity, both in France and abroad. In particular, EDF operates all of France's nuclear power plants.

New NP is mainly active on the following markets: design and construction of nuclear islands, instrumentation and control systems, nuclear services and design, production and supply of fuel assemblies.

Source Link http://europa.eu/rapid/press-release_IP-17-1466_en.htm
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