Atkins climbs 8% as it expands nuclear business

Atkins moves further into nuclear decommissioning with US purchase.

Atkins moves further into nuclear decommissioning with US purchase. Photograph: Robert Brook / Alamy/Alamy

A move to increase its presence in the nuclear market has lifted engineering consultancy WS Atkins by nearly 8%.

The company, which helps maintain Britain’s roads and railways but has also been building up its nuclear business, is paying $318m (£206m) in cash for the nuclear services division of EnergySolutions (PP&T). The move follows last year’s acquisition of Nuclear Safety Associates, and allows the company to expand its ability to decommission nuclear projects, as well as bidding for larger contracts in the US.

Read the full article here 

Source: The Guardian

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