Areva puts $US2.5b on table for UraMin

RUMOURS of Areva snapping up UraMin have proven true, following the French nuclear group’s friendly cash offer of more than $US2.5 billion ($A3 billion) for Johannesburg-based UraMin.

Areva puts $US2.5b on table for UraMin Areva puts $US2.5b on table for UraMin Areva puts $US2.5b on table for UraMin Areva puts $US2.5b on table for UraMin Areva puts $US2.5b on table for UraMin

According to a statement released by Areva, the company said it had agreed to pay $7.75 per UraMin share, with the board of directors for the latter company giving their full support.

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