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E.ON CFO says Urenco sale more likely in 2016

Reuters - UK Focus

ESSEN, Germany, May 7 (Reuters) - E.ON expects the sale of uranium enrichment company Urenco to take place next year rather than in 2015, Chief Financial Officer Klaus Schaefer told analysts during a conference call.

E.ON and peer RWE (Xetra: 703712 - news) jointly hold one third of Urenco's shares, with the Dutch and British governments each owning a third, too.

Schaefer also said there had been "some political progress" on the sales process, without being more specific. (Reporting by Christoph Steitz; Editing by Victoria Bryan)