Deutsche Bank AG in talks to sell uranium trading business-Reuters

Wednesday, 18 Dec 2013 07:00pm EST 

Deutsche Bank AG:Is holding preliminary talks with potential buyers of its uranium trading business-Reuters.Deutsche Bank announced it was shuttering its global commodities trading business on Dec. 5, cutting 200 jobs in the face of toughening regulations and lower profits.The sale will include Deutsche's uranium trading book and stockpiles of yellowcake - known as U308 in the industry - worth about $200 million. 

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