KEPCO Selected as Preferred Bidder to Aquire Toshiba's NuGen Shares

摘要

Korea Electric Power Corp. (KEPCO) has been selected as the preferred bidder to acquire Toshiba Corp.'s shares in UK nuclear power consortium NuGeneration (NuGen). KEPCO can reportedly acquire the shares from Toshiba once negotiations are completed over the coming months, and following the South Korean government's preliminary feasibility study and the UK government's approval of the change in NuGen ownership.