|
|
Article: United Kingdom: UKAEA sells commercial business.
- Article from:
- TendersInfo
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: kusumv03
The [pounds sterling]50 million sale of the commercial arm of the UK Atomic Energy Authority (UKAEA) under a Government drive to sell off public assets have been completed.
Defence and energy support services firm Babcock International bought the entirety of UKAEA Limited as part of the efficiency initiative. UKAEA Limited, which represents a major slice of the country's nuclear expertise, oversees nuclear clean-up work at three sites in the UK and offers consultancy services in international markets. It employs around 230 people.
The Department for Business, Innovation and Skills said the sale, which completed on October 31, ...