Cameco Announces Intention to Acquire Hathor Exploration Limited for $520M

by Benzinga Staff
August 26, 2011 7:02 AM | 29 seconds read | Make a Comment

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Cameco (NYSE: CCJ) announced that it intends to make an offer to acquire all of the outstanding shares of Hathor Exploration Ltd. for cash consideration of $3.75 per share in a transaction which values the fully diluted share capital of Hathor at approximately $520 million. Cameco delivered a written proposal to Hathor following the close of market on Friday, August 19, 2011 outlining its interest in acquiring the company for cash in a transaction valued at $3.75 per share. Cameco made today's announcement after discussions with Hathor regarding a potential board-supported transaction failed to result in an agreement.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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