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*** Fukushima *** and other nuclear-----updates and links
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[quote:Anonymous Coward 30558272:MV8xNTM3MTQ2XzM1NTg2MDY0X0M4OTFCMURB] [b]Canada's Uranium One to go private in $1.3 billion deal[/b] Russian state-controlled miner JSC Atomredmetzoloto has agreed to raise its stake in Uranium One Inc (Toronto:UUU.TO - News) to 100 percent in a deal that values the Canadian miner at C$2.74 billion ($2.8 billion). Atomredmetzoloto, or ARMZ, already owns 51.4 percent of Uranium One. It will pay C$1.3 billion, or C$2.86 per share, for the rest of the company before delisting it from the Toronto Stock Exchange, both companies said on Monday. ARMZ's offer is at a 19 percent premium to the stock's Friday close. Uranium One's shares have fallen to C$2.41 from a peak of C$18.65 in March 2007, when spot uranium was trading at more than triple current prices. [b]The acquisition will give ARMZ full control of Uranium One's assets in Kazakhstan, the United States and Australia.[/b] The Toronto-based company has almost tripled production since 2009. http://www.nucpros.com/content/canadas-uranium-one-go-private-13-billion-deal . [/quote]
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