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- | M&A
- | On the move
- Wednesday, April 3, 9:03 PM Mitsubishi Heavy Industries (MHVYF.PK +1%) bucks the weakness in Japanese markets after winning a $22B Turkish nuclear-power-plant contract along with France's Areva (ARVCY.PK). The team will build four Atmea1-type pressurized water reactors with a combined output of 4.5M kilowatts. Construction is to begin in 2017, with the first reactor coming on line by 2023. Comment! [Global & FX, Energy, On the Move]
- Wednesday, August 15, 2012, 5:20 AM Rio Tinto (RIO) and Areva (ARVCF.PK) are two of six companies tapped by the UAE to provide it with fuel for its first nuclear power plant, with the 15-year contracts worth $3B. The other companies are from Russia, Britain, Canada and the U.S. Comment! [Energy]