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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.

Cameco to land Westinghouse in US$7.8 billion deal Cameco to land Westinghouse in US$7.8 billion deal Cameco to land Westinghouse in US$7.8 billion deal Cameco to land Westinghouse in US$7.8 billion deal Cameco to land Westinghouse in US$7.8 billion deal

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.