Tue Apr 4, 2017 | 7:09am EDT
Japan's Toshiba Corp (6502.T) said on Tuesday it will buy French power utility Engie's (ENGIE.PA) 40 percent stake in their British nuclear joint venture NuGen for 15.3 billion yen ($138.5 million).
Toshiba currently owns the remaining 60 percent of NuGen, which plans to build three reactors at the Moorside site on the coast of Cumbria and expects electricity generation to start in 2025.
The filing for Chapter 11 bankruptcy protection by (...)
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