Areva Recapitalizes https://www.areva.com/EN/news-10838/bondholders-approve-the-proposed-partial-transfer-of-assets-from-areva-sa-to-newco.html
but is still weaker than even Cameco. Those who are of the opinion that Areva can now be a player in the taking over of NXE with just $3 billion should have their heads examined by a neurologist. Please read this Reuters article to disabuse oneself of that notion spawned perhaps by Areva:
https://www.reuters.com/article/areva-edf-idUSL5N0YQ13720150604
Let's not forget that Areva is no longer a French crown corporation, it's now a "too big to fail" French company with Chinese minority partners:
https://neutronbytes.com/2015/12/06/two-key-areva-partners-to-become-investors/