Nov 27

After reviewing their respective offerings earlier this week, trying to influence a final choice of the state, the three candidates for the resumption of the Transmission and Distribution Areva now await the final verdict, which could fall from that thursday. If economic patriotism suggests that the tandem formed by the two French companies Alstom and Schneider Electric has an edge, offering Toshiba is slightly higher than its competitors, General Electric acting as a third challenger.

The sale of T & D division, decided earlier this summer that the shareholder is the French state, not to the liking of officials of Areva. The subsidiary, which represented 40% of sales of nuclear group in the first half of 2009, is in fact composed of two entities that are branches Transmission and Distribution.In an article published by Les Echos, the directors of Areva T & D openly worried about the loss of synergy that would lead to a dismantling of these two activities, as desired by the consortium Schneider Electric / Alstom.

The lights would offer "social impacts"

Such an operation would generate "an inevitable period of uncertainty and disruption" and would "social impact" claim and the 41 vice-presidents of Areva T & D through a letter addressed to Anne Lauvergeon, the president of the group.

The offer made by the duo lights could even be negative "as the assembly is considered complex, leading to" loss of market share and the risk of asset sales or restructuring of industrial sites ", adds executives Areva.They finally wish that the final decision on the choice of buyer is done before anything in the context of "ensuring the integrity of a French industrial champion, perpetuating the use and maintenance of decision-making centers in France, this which does not seem to necessarily match the French offer.

ALSO READ:

"Last lap for Areva T & D

"General Electric has made the best offer for T & D

Comments are closed.