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Cameco to land Westinghouse in US$7.8 billion deal

Toronto-listed uranium miner Cameco is to buy a 49% stake in US nuclear power firm Westinghouse Electric, indicating a potentially increased role for Canadian uranium supplies to European and US nuclear facilities dependent on supplies of uranium from Russia.

Steven Swindells
Cameco buys into Westinghouse

Cameco buys into Westinghouse

Cameco has teamed up with New York-listed Brookfield Renewable Partners to buy Westinghouse Electric in a deal with a total enterprise value of US$7.875 billion. Brookfield, whose management team includes...

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