Cameco Stock Tumbles on Agreement to Buy Stake in Nuclear Services Company Westinghouse Electric

Uranium Miner Cameco Agrees to Buy Stake in Nuclear Services Firm, Stock Drops | Barron’s


stock was tumbling after agreeing, along with

Brookfield Renewable Partners

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%.

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