China National Nuclear Corp is to take over the country's top nuclear power plant builder, Reuters ( Reuters ), which will create a Chinese nuclear powerhouse worth $99 billion . The takeover is the latest move by the Shaanxi province government to force marriages within the power sector as it seeks to streamline its bloated state-owned enterprise sector and create globally competitive businesses. The combined company would have assets worth more than 620 billion yuan ($99 billion) and a workforce of almost 150,000, according to Reuters’ calculations based on data on the firms’ websites and in company filings. The new company will have 150,000 employees, Reuters calculated.
China National Nuclear Corp is to take over the country's top nuclear power plant builder, Reuters ( Reuters ), which will create a Chinese nuclear powerhouse worth $99 billion . The takeover is the latest move by the Shaanxi province government to force marriages within the power sector as it seeks to streamline its bloated state-owned enterprise sector and create globally competitive businesses. The new company will have 150,000 employees, Reuters calculated.