Heading into this previous week, uranium miner
Cameco
was that exceptional stock in the industry: It experienced posted a double-digit gain in 2022. Just one deal designed these gains disappear—and established a purchasing possibility.
At very first glance, there did not appear to be all that considerably that was controversial about the joint undertaking Cameco (ticker: CCJ) declared this earlier Tuesday. Alongside with
Brookfield Renewable Companions
(BEP), Cameco agreed to acquire Westinghouse Electric powered, a servicer to nuclear electric power vegetation, for $7.88 billion, such as credit card debt. Cameco will own 49% of the joint undertaking when the offer is done.
Heading into this previous week, uranium miner
Cameco
was that exceptional stock in the industry: It experienced posted a double-digit gain in 2022. Just one deal designed these gains disappear—and established a purchasing possibility.
At very first glance, there did not appear to be all that considerably that was controversial about the joint undertaking Cameco (ticker: CCJ) declared this earlier Tuesday. Alongside with
Brookfield Renewable Companions
(BEP), Cameco agreed to acquire Westinghouse Electric powered, a servicer to nuclear electric power vegetation, for $7.88 billion, such as credit card debt. Cameco will own 49% of the joint undertaking when the offer is done.
