21.06.2010 - China-invested noble, buys U.S. uranium supplier stake
From Bloomberg: Noble Group, in which Chinaís sovereign wealth fund is a shareholder, bought a 5.1 percent stake in USEC Inc., the only American-owned provider of enriched uranium for use in civilian nuclear reactors, the New York Times reported, citing a filing to the Securities and Exchange Commission. Noble, which paid $30.2 million for the stake, wants to become USECís partner in marketing uranium enrichment for reactors in Asia, particularly China, Richard Elman, Nobleís founder and executive chairman, told the newspaper..............................................Full Article: Source
Print