'Nertherlands Eyes Governments' Retained Majority Holders in Urenco.

By Edward B. Doong

May 23, 2013 01:40 PM EDT

The Netherlands announced that it will sell its 33 percent stake in Urenco but wants governments to keep majority holding in the nuclear fuel producer, according to the Dutch finance ministry.

The finance ministry said in a statement that the Netherlands and Great Britain have major stake as public shareholders in the firm. Because of that, the ministry added, that both could get enough influence in Urenco to protect public interests.

The Dutch finance ministry expected a situation whereby public shareholders can no longer get a majority if a sale by the two public shareholders to private shareholders is made.

Currently, Urenco has 33 percent stake owned by the Great Britain, while two utilities firms based in German are holding the remaining third. It has been reported that there are three countries that remain in conflict about the negotiation for the sale of a stake in the security-sensitive nuclear fuel producer. 

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