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CVC drops plan to bid with GE for Areva T&D-source

Making a market in Ideas LONDON, Nov 9 (Reuters) - Private equity firm CVC [CVC.UL] dissolved a consortium with General Electric (GE.N) that had been planning a joint bid for the transmission and distribution (T&D) business of Areva (CEPFi.PA) , a... Full Article at Reuters

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  1. * Areva says will now review bids PARIS, Nov 9 (Reuters) - French nuclear reactor builder Areva SA (CEPFi.PA) said Monday it has received three binding offers, as expected, for its electricity transmission and distribution (T&D) business. Full Article at Reuters

  2. General Electric Co. made an offer for the unit. Toshiba Corp. submitted a bid with Innovation Network Corp. of Japan, while the unit’s former owner, Alstom SA, submitted a joint bid with Schneider Electric SA, Areva said in an e-mailed statement. Full Article at Bloomberg.com

  3. Making a market in Ideas PARIS , Nov 8 (Reuters) - Private equity fund CVC has pulled out of talks with General Electric (GE.N) about a possible joint bid for the power and transmission unit of France's Areva (CEPFi.PA), a French financial news... Full Article at Reuters

  4. Your guide to the capital jungle PARIS, Nov 6 (Reuters) - General Electric (GE.N) is talking to sovereign funds in Singapore, Korea and Qatar about its possible bid for Areva's (CEPFi.PA) electrical power and transmission unit T&D, Les Echos newspaper... Full Article at Reuters

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