M&A

Summit, Areva call off proposal

SUMMIT Resources has canned its planned $293 million alliance with Areva following its acceptance of a takeover offer from Paladin Resources.

MiningNews.Net
Summit, Areva call off proposal

In a short statement to the market this morning, Summit said as a result of recent developments and "various discussions" between itself and Paladin, the Areva transaction would not proceed. The planned...

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