Areva Looking to Buy Stake in Uranium Enrichment Firm
Investing News Network - January 5th, 2012
Reuters reported Areva (EPA:AREVA) is looking at buying a stake in Urenco, a UK-based uranium enrichment company.
Reuters reported Areva (EPA:AREVA) is looking at buying a stake in Urenco, a UK-based uranium enrichment company.
As quoted in the market news:
Areva has asked bank Nomura to look into acquiring a stake, while German utilities RWE and E.ON, which together own 33 percent of Urenco, have asked Merrill Lynch to seek a buyer of their stake, daily Het Financieele Dagblad said.