# Mitsubishi Heavy Industries agrees to take 19.5% stake in New NP

Mitsubishi Heavy Industries formally decided to invest in Areva's reactor operations and signed investment agreements to take a 19.5% stake in New NP, the subsidiary holding Areva's reactor business. The sale price for 100% of New NP's equity was €2.5 billion.

- Type: Acquisition
- Announced: 2017-08-01
- Where: France
- Status: announced
- Products: nuclear reactor operations
- 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) (partner)
- [New NP](https://endata.com/companies/25944.md) (target)

## Sources

- [world-nuclear-news.org](https://world-nuclear-news.org/Articles/MHI-agrees-to-take-19-5-stake-in-New-NP), 2017-08-01: "Mitsubishi Heavy Industries (MHI) has formally decided to invest in Areva's reactor operations and signed investment agreements with both Areva Group and EDF to take a 19.5% stake in New NP."

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