Chance that Uranium One deal gets rejected

- June 11th, 2010

Financial Post reports the markets weren’t favourable to Uranium One’s recent deal.

“We think there is a high likelihood that shareholders have concerns regarding their minority rights,” Mr. Schatzker said in a note to clients. “Given that 51% of the equity will be owned by a Russian government owned company with goals that may in the […]

Financial Post reports the markets weren’t favourable to Uranium One’s recent deal.

“We think there is a high likelihood that shareholders have concerns regarding their minority rights,” Mr. Schatzker said in a note to clients. “Given that 51% of the equity will be owned by a Russian government owned company with goals that may in the future be at odds with the minority shareholders of Uranium One, we think these fears are, to a degree, legitimate.”

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