(Reuters) - Uranium One said on Monday EMC shareholders would
receive 1.15 common of its shares for each issued share of EMC,
representing a value of C$19.12 per share. The offer values EMC
at C$1.59 billion .
"With our solid position in Kazakhstan and South Africa, the
acquisition of EMC fits in perfectly with our stated strategy of
value-accretive external growth and our focus on growth in the
United States," Uranium One President and Chief Executive
Officer Neal Froneman said in a statement.
Read more at Reuters.com Mergers News
receive 1.15 common of its shares for each issued share of EMC,
representing a value of C$19.12 per share. The offer values EMC
at C$1.59 billion .
"With our solid position in Kazakhstan and South Africa, the
acquisition of EMC fits in perfectly with our stated strategy of
value-accretive external growth and our focus on growth in the
United States," Uranium One President and Chief Executive
Officer Neal Froneman said in a statement.
Read more at Reuters.com Mergers News
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