FRANCE SOVEREIGN WEALTH FUND PICKS NUCLEAR COMPANY AS FIRST BENEFICIARY
November 1st, 2008
BY KEITH NUTHALL
A NUCLEAR company will be the first beneficiary of France's first sovereign wealth fund, its president Nicolas Sarkozy has announced. Paris will sink Euro 20 billion into this strategic investment account, and Sarkozy has announced the fund's first Euro 80 million investment will go to nuclear industrial equipment and services supplier Daher. It makes nuclear fuel and waste containers, offering related logistics services, including transport and loading.
ENDS
A NUCLEAR company will be the first beneficiary of France's first sovereign wealth fund, its president Nicolas Sarkozy has announced. Paris will sink Euro 20 billion into this strategic investment account, and Sarkozy has announced the fund's first Euro 80 million investment will go to nuclear industrial equipment and services supplier Daher. It makes nuclear fuel and waste containers, offering related logistics services, including transport and loading.
ENDS
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