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Areva grid auction is latest signal of nuke fever (from Corporate Dealmaker)

French nuclear engineering giant Areva SA is expected to put its transmission and distribution business up for sale to finance new investment, Paris-based Paul Whitfield reports on The Deal Pipeline (subscription required).The decision, and a related move by state-controlled Areva to seek outside investors, is the latest example of the...

Posted on June 30, 2009 4:44 PM

Caterpillar spends $500M to control Japan JV (from Corporate Dealmaker)

The 50-50 joint venture between Caterpillar Inc. and Mitsubishi Heavy Industries Ltd. was formed 44 years ago. Now, under a share redemption plan, Caterpillar would become the majority shareholder (67%) in Shin Caterpillar Mitsubishi Ltd., with an option to reach full ownership after five years...

Posted on March 26, 2008 12:13 PM