News for 'INCJ'

Areva T&D acquisition may trigger open offer

Areva T&D acquisition may trigger open offer

Rediff.com2 Dec 2009

The share prices of power transmission and distribution company Areva T&D rose 2.8 per cent on the Bombay Stock Exchange on Tuesday in anticipation of a possible open offer. A combine of Alstom and Schneider Electric have bought the entire stake in it of its majority holder, French nuclear major Areva.