KEPCO Engineering & Construction Company, Inc. (KOSE:A052690) agreed to acquire NuGeneration Limited from Toshiba Corporation (TSE:6502) on December 7, 2017. KEPCO was selected as the preferred bidder to acquire shares in NuGeneration. The acquisition will be subject to a number of factors, including satisfactory completion of negotiation with Toshiba, favorable outcome for a preliminary feasibility study to be conducted by the Korean government, and the approval by the United Kingdom Government of the transaction.