By: Esmarie Swanepoel
ASX- and TSX-listed Extract Resources would be incorporated into China Guandong Nuclear Power Corporation (CGNPC), after that company’s subsidiary acquired a 93.12% shareholding in the takeover target.
CGNPC had offered Extract shareholders $8.65 in cash for every Extract share held, valuing the... →
By: Matthew Hill
Global miner Rio Tinto has accepted China Guangdong Nuclear Power Corp's (CGNPC's) offer for its 14% stake in Extract Resources, owner of the giant Husab uranium project in Namibia.
Monday's move had been expected after Rio accepted CGNPC's bid for its separately held stake in Extract's 42%... →