KIA Throws in the Towel with Areva, Incurs Losses

Posted on 08/04/2017


The Kuwait Investment Authority (KIA) plans to sell its 4.82% ownership interest in Areva to the French state. In 2010, KIA invested €600 million for a 4.82% ownership stake in Areva. However, since 2010, Areva’s stock on the open market has fallen. Eventually, the French government had stepped in with a 4.5 billion euro package […]