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AREVA Sells its 20% Stake in Sofradir - AREVA announced today the sale of its 20% stake in the company Sofradir - AREVA.com
AREVA Sells its 20% Stake in Sofradir

 

NewswireToday - /newswire/ - Paris, France, 2012/01/30 - AREVA announced today the sale of its 20% stake in the company Sofradir - AREVA.com.

   
 
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Thales and Safran groups, who hold 40% stakes in Sofradir, both acquire an additional 10%, bringing their stakeholdings in the company to 50% each.

Sofradir develops and manufactures infrared detectors for military, civil and space applications. The company employs 550 people, mostly at its Veurey-Voroise site near Grenoble, and achieves a turnover of around 150 million euros.

This disposal of a minority stake that is non-strategic for AREVA contributes to the group’s financing plan as announced in the Strategic Action Plan "Action 2016".

Contact
AREVA press office:
Patricia Marie / Fleur Floquet-Daubigeon / Maxime Michaut

AREVA Investors Relation:
Marie de Scorbiac
T: +33 1 34 96 05 97 / E: marie.descorbiac[.]areva.com.

Philippine du Repaire
T: +33 (0) 1 34 96 11 51 / E: philippine.durepaire[.]areva.com.

 
 
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AREVA Sells its 20% Stake in Sofradir

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