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Britain to Raise $1.64 Billion in Urenco Stake Sale, Times Says

The British government will begin an auction process to sell its stake in Urenco Ltd., a uranium-enrichment company, next month, The Sunday Times reported without saying where it got the information.

The U.K. treasury, which owns one-third of the company, is seeking to get about 1 billion pounds ($1.64 billion) for the stake, the newspaper reported.

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