Your institution may have access to this item. Find your institution then sign in to continue.
Title
Summit subject of uranium battle.
Abstract
The article reports that Paladin has increased its hostile takeover bid for Summit, an Australian uranium miner, from Australian $1 billion to Australian $1.23 billion. This matches the per-share value offered by Areva, a French nuclear operator, for a 9% shareholding in the company. Summit stated that it will review Paladin's offer before making a recommendation to the board. Meanwhile, Areva denied the speculation that it will attempt a full takeover of Summit.