Germany’s government plans to buy RWE and E.ON’s one-third stake in uranium enrichment company Urenco for up to €4 billion, German newspapers reported, in a deal Britain requested to keep the stake in European hands as it prepares to use Urenco to make fuel for its military reactors, including those powering its nuclear submarines. Die Welt first reported on Thursday evening that a new line had appeared in the Bundestag’s final deliberations on the 2027 draft budget, setting aside €4 billion for “the acquisition…

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.