Moltex’s prospective buyer ends attempt to raise $50M for purchase.

Moltex’s prospective buyer ends attempt to raise $50M for purchase. It’s being framed as a way to get Nuclea access to capital quicker. Meanwhile, the heads of both Nuclea and Moltex say negotiations toward a purchase continue, despite the new flurry of moves. “We are still in exclusive negotiations with Nuclea,” Moltex CEO Rory O’Sullivan said in an email. Azets Holdings Ltd., the accounting firm serving as the insolvency administrator for the UK-based parent company Moltex Energy Ltd., also confirmed that talks to sell assets to Nuclea continue.