Bidding deadline extended

30 October 2000

The bidding deadline for the German and Dutch shares in Urenco was extended beyond the original deadline of 15 September following a request from Cogema. Cogema is said to have been in talks with BNFL about a possible joint venture to buy the shares. Cameco is also reported to be interested, and commentators speculate that the bidding process might lead to a number of joint venture options as none of the interested parties has enough money to buy up all the shares at the asking price.

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