Rio Tinto Trumps Cameco Bid for Hathor with $572 Million Offer

Oct. 19, 2011 09:53AM PST

Rio Tinto offers $572 million in all-cash bid for uranium junior Hathor Exploration.

Rio Tinto has announced a all-cash offer for Canadian junior uranium company Hathor Exploration Limited (TSX:HAT). Rio Tinto has agreed to pay $572 million for Hathor, trumping an earlier bid for the uranium junior by Cameco Corp.

 

Read the full Bloomberg report. 

tsx:haturanium company
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