Britain has secured permission from its other partners to sell its stake in Urenco, one of the world’s largest uranium enrichment companies.
The UK currently owns a third of the company, according to Urenco’s website, with the Dutch government holding another third and the remainder held by German utilities RWE and EON.
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On Monday, British officials announced they had received that permission and would pursue a sale, the BBC reported. The company is assumed to be worth about $13 billion in total, and bidders for the UK stake could include Areva, Westinghouse and the Canada Pension Plan Investment Board. A timeline for the sale was not announced.
Read more at UK Plans to Move Forward With Urenco Sale
