According to a report from The Times newspaper in Britain, US engineering company Fluor has offered the UK government up to GBP400 million for its nuclear decommissioning arm British Nuclear Group.
The major US enterprise has long been linked with BNG, having been speculated as a likely bidder for the nuclear clean up outfit since UK chancellor Gordon Brown first hinted of its sale earlier in the year.
US firm Fluor is reported to have tabled a bid of between GBP250 million and GBP400 million for the business through a direct offer from its UK director Lord Renwick of Clifton to the prime minister.
BNG, which is a division of BNFL, is expected to be given the job of decommissioning the Sellafield site in Cumbria and is likely to be tasked with several other similar jobs in the UK nuclear power sector in the near future, giving it a multi billion pound turnover.
Fluor’s offer is considered to undervalue the business. However, despite strong interest from other firms in the US and France, Fluor currently benefits from a lack of firm competing bids.