Areva to Spin Off Atomic-Fuel Business to Attract Investors

  • New Co., Areva preparing 5 billion-euro share sale in 2017
  • Parent expects to raise 2.9 billion euros from asset disposals

Areva SA will spin off its nuclear-fuel operations this year to shield them from the troubled reactor business and attract investors as the French atomic group prepares to raise 5 billion euros ($5.6 billion) selling shares.

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