Germany OKs Urenco Sale

Reuters reported that the German government has given the green light to its utilities’ plans to sell their Urenco stakes, paving the way for the much awaited sale of the second largest maker of nuclear fuel in the world.

As quoted in the market news:

On Monday, sources told Reuters that Areva and Japan’s Toshiba Corp were considering bids for the company, 33 percent owned by the British government, the Dutch government and Germany’s utilities RWE and EO.N.

Click here to read the full Reuters report.