China Guangdong up for a 650 million-pound bid for UK-based Kalahari Minerals

China Guangdong has reopened talks with Kalahari over a 270 pence-a-share bid, according to a Bloomberg report.

According to the report, China Guangdong Nuclear Power Group Co. is preparing a 650 million-pound bid for Kalahari Minerals Plc (KAH), a U.K.-based uranium miner

The talks are reopened after China Guangdong withdrew an offer in March due to the Fuskushima crisis in Japan.

China Guangdong and Kalahari are advised by Deutsche Bank and Ambrian Partners, respectively.

View the full report here.