BRIEF-SNC-Lavalin signs an agreement in principle for a joint venture with China National Nuclear Corporation & Shanghai Electric Company

Thu Sep 22, 2016 12:04pm EDT
 
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Sept 22 (Reuters) - Snc

* Lavalin signs an agreement in principle for a joint venture with China National Nuclear Corporation & Shanghai Electric Company

* Lavalin Group Inc - new company is expected to be registered in mid-2017

* Lavalin Group Inc - new co would be followed by formation of two design centres - one in Canada and another in China

* Lavalin group inc says joint venture company would develop, market and build advanced fuel candu reactor Source text :