M&A

Chinese turn away from Langer Heinrich stake

IN A new twist to the slow motion train wreck that has been Paladin Energy, the 25% owner of the Langer Heinrich operation has walked away from exercising a "potential option" to acquire the 75% balance of the project owned by the in-administration ASX-listed company.

Michael Quinn
Chinese turn away from Langer Heinrich stake

No reasons for the decision by Chinese company CNNC Overseas Uranium Holding (COUH) were given. However COUH confirmed to the administrators of Paladin that its decision also “applies to further restructuring...

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