# EDF signs agreement to acquire 75.5% of AREVA NP reactor business

EDF signed binding agreements to buy 75.5% of New NP, a subsidiary combining AREVA's reactor design and manufacturing activities, at an adjusted valuation of EUR 2.47 billion for 100%, with Mitsubishi Heavy Industries and Assystem taking 19.5% and 5% stakes.

- Type: Acquisition
- Announced: 2017-12-22
- Where: France
- Value: $2.95B (2.47B EUR)
- Status: announced
- Products: nuclear reactors, reactor equipment, nuclear fuel assemblies, nuclear services
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Mitsubishi Heavy Industries](https://endata.com/companies/493.md) (investor)
- [AREVA](https://endata.com/companies/770.md) (partner)
- [EDF](https://endata.com/companies/771.md) (acquirer)
- [AREVA NP](https://endata.com/companies/1461.md) (target)
- [Assystem](https://endata.com/companies/2600.md) (investor)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2017/12/22/1270196/0/en/edf-signing-of-definitive-binding-agreements-for-the-sale-of-areva-np-s-activities.html), 2017-12-22: "These agreements foresee the acquisition by EDF of 75.5% of New NP's capital on the basis of an adjusted valuation of €2.47 billion (for 100% of the capital)"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.