Communiqué Wealth and asset management Tax Law Private Equity Intellectual property, media & art IT and Data Commercial and international agreements European law Corporate - M&A Public Law and Public Procurement Law Competition and Distribution Law Employment law and social security law Environmental law Real Estate and Construction | 31/03/17 | 0 min. | Valéry Denoix de Saint Marc Philippe Lorentz Emmanuelle Mignon Anaïs Qureshi Mahasti Razavi Julien Wlodarczyk Emmanuel Weicheldinger Laure Arnon-Duquesnoy Alexandra Berg-Moussa
August Debouzy advised the French Alternative Energies and Atomic Energy Commission (CEA) on the acquisition, alongside the State Investment Agency (APE) and French shipbuilder DCNS, of Areva SA’s entire stake in Areva TA, i.e. 83.5% of its share capital.
The CEA acquired 20.32% of its share capital.
Areva TA, which has been renamed Technicatome, is specialized in the design and maintenance of nuclear reactors of the French Navy. Its capital is now held as follows: French State (APE) 50.32%, CEA: 20.32%, DNCS: 20.32% (previously 6.5%) and EDF, which will keep 9.03%.
The total value of the deal was €559 million.