Nothing but negotiation

 
The Gap Partnership

France's Areva 'wants stake in Urenco'

Nuclear group Areva is looking into buying shares in Urenco, it has been reported.

05 January 2012

French nuclear group Areva may be speaking to merger and acquisition consultants about rumoured plans to buy a stake in the UK's Urenco.

Dutch newspaper Het Financieele Dagblad reported the company would like to buy a part of the uranium enrichment business, according to Reuters.

"It is serious," a source was quoted by the Netherlands-based news provider as saying.

"A neighbour's house only comes up for sale once," they added. "Areva is not eyeing Urenco's dividend, it's about synergy."

Shareholders in Urenco include utility companies Eon and RWE as well as the British and Dutch governments.

Het Financieele Dagblad said Credit Suisse is advising the Netherlands on what to do with its stake, while Reuters added the UK has been looking to sell since 2009.

The Dutch newspaper added that both RWE and Eon want to get rid of their shares as well.

Urenco was founded in 1971 as an English firm following the signing of the Treaty of Almelo by Germany, the UK and the Netherlands.

Posted by Edel Quinn

Source: Reuters, January 5th

Gap News

March 2014

The Negotiation Roadshow 2014

Generating value through creative negotiation

Read more


July 2013

Trading Global: Negotiating in the Far East

The Gap Partnership are hosting a complimentary Lunch & Learn seminar in association with UK Trade & Investment

Read more


April 2013

GroceryAid Negotiation Event Raises £26,550

The Gap Partnership, in conjunction with Asda, SC Johnson and Waitrose, host one-day negotiation workshop

Read more


February 2013

Trading Global - Negotiating in the Far East

What is the impact of cultural differences on your negotiations?

Read more


December 2012

The Gap Partnership Release New Negotiation Video

The Nothing but Negotiation video series continues with collaborative negotiation

Read more