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* 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
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AFP - Japanese high tech giant Toshiba and US conglomerate General Electric are bidding for a unit of Areva, the French nuclear power firm, Areva said Monday of a deal that according to press reports could be worth up to nearly 7.5 billion dollars. Full Article at France 24
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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
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Making a market in Ideas * All three bidders raised their offers - source * Deadline for official bids due later Monday PARIS, Nov 9 (Reuters) - The three bidders for the power transmission and distribution (T&D) unit of state-controlled nuclear... Full Article at Reuters
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But the sale worth several billions of euros, which has been marked by fierce competition between bidders and lobbying in the press, could be delayed until late November, a news site said. Full Article at International Business Times
