Canada clears Paladin's $789 million Fission Uranium takeover

Reuters

2024/12/19

Dec 19 (Reuters) - Australian miner Paladin Energy said on Thursday it had received clearance under the Investment Canada Act, the final greenlight it needed to go ahead with the takeover of Fission Uranium Corp in a C$1.14 billion ($789.09 million) deal.

($1 = 1.4447 Canadian dollars)

(Reporting by Rishav Chatterjee in Bengaluru; Editing by Alan Barona)

((Rishav.Chatterjee@thomsonreuters.com))

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