3 ms·
There isn’t a market for any of those businesses individually, and they cannot survive alone.
by oivey 2y ago
There isn’t a market for any of those businesses individually, and they cannot survive alone.
- dmurray 2y agoI would have said the opposite: if the ambitious microreactor part of their business plans fails, as is likely, it's more palatable to spin that as "we are concentrating on our nuclear fuel logistics and consulting arms" rather than a pivot. And in the energy industry in general, some level of horizontal integration is typical - the same company might drill the oil, refine it, and put its name over gas stations. The business may well be organised as multiple companies internally, but that's not what this is about.