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Centrus Energy to Acquire Westerman Holdings for $116 million

The Motley Fool +2 · ·by G4L

  1. 1The acquisition price of Westerman Holdings by Centrus Energy is $116 million.
  2. 2The acquisition funds consist of $95 million in cash and $21 million in Centrus Energy stock.
  3. 3The acquisition of Westerman Holdings by Centrus Energy is part of a strategy to strengthen the nuclear supply chain and diversify revenue.

So what's the key point?

Centrus Energy purchased Westerman Holdings for $116 million. This move is intended to strengthen its nuclear-related business and diversify its sources of income.

Source The Motley Fool +2 · View original ↗

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