Cameco trumps Rio bid for Hathor

JUST when Cameco looked like it had accepted defeat in the battle for Hathor Exploration, the company has upped its bid to $C4.50 ($A4.40) per share, 8.4% higher than Rio Tinto’s rival bid.

Cameco trumps Rio bid for Hathor Cameco trumps Rio bid for Hathor Cameco trumps Rio bid for Hathor Cameco trumps Rio bid for Hathor Cameco trumps Rio bid for Hathor

The increased offer values Hathor at $625 million, as opposed to Rio’s $578 million friendly offer.

Cameco first made its $3.

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