Uranium Miner Cameco Agrees to Buy Stake in Nuclear Services Firm, Stock Drops | Barron’s
stock was tumbling after agreeing, along with
to acquire Westinghouse Electric.
The companies will be forming a strategic partnership to acquire Westinghouse, the nuclear services business. Brookfield Renewable (BEP), along with its institutional partners, will own a 51% interest in Westinghouse, and uranium miner
(CCJ) will own 49%.