Fluor (FLR) Advances with Major Sale of NuScale Power Shares

 

Fluor Corporation's Strategic Divestment

Fluor Corporation (FLR) has recently completed a significant transaction involving the sale of 71 million shares of NuScale Power, resulting in gross proceeds of $1.35 billion. This strategic divestment is part of Fluor's broader plan to monetize its remaining 40 million shares by the second quarter of 2026, with the company already amassing nearly $2 billion in total proceeds. This move positions Fluor to capitalize on financial gains for future ventures.

https://www.gurufocus.com/news/8621780/fluor-flr-advances-with-major-sale-of-nuscale-power-shares