LONDON Jan 20 Japanese industrial electronics
firm Toshiba is considering making a bid for British
nuclear fuel producer Urenco, the Sunday Times reported, without
Toshiba is understood to be in talks with several backers,
including bank Mizuho, the paper said.
Toshiba could not immediately be reached for comment.
Urenco, formed by the British, German and Dutch governments
in the 1970s, is controlled by a shareholding pact aimed at
preventing its cutting-edge centrifuge technology from ending up
in the wrong hands.
The shareholders have been conducting a strategic review,
and have appointed advisers to discuss possible future options
for the company, thought to be worth around 10 billion euros
Private equity firms are also interested in Urenco, the
Sunday Times said.