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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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* 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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Toshiba was in talks with Abu Dhabi National Energy Co (Taqa) TAQA.AD to create a consortium, but Taqa pulled out after failing to secure approval from majority owner the Abu Dhabi government, two people familiar with the matter said. Full Article at International Business Times
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(MENAFN - Khaleej Times) Toshiba Corp plans to partner with Abu Dhabi National Energy Co. , or Taqa, to make a joint bid for Areva's power transmission and distribution business, two people familiar with the matter said. Full Article at Middle East North Africa Financial Network
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Toshiba Corp plans to make a joint bid with Abu Dhabi National Energy Co (Taqa) for Areva's power transmission and distribution business, two people familiar with the matter said. Full Article at TradeArabia
