Noticias y eventos de Cameco Corporation (CCJ)CCJCameco Corporation

Westinghouse Electric Seeks Over $50B Valuation for IPO

Westinghouse Electric, a provider of reactor technology to nuclear power plants that is jointly owned by Brookfield Renewable Partners (BEP) and Cameco (CCJ), is seeking a valuation of more than $50B in its U.S. initial public offering and targeting a public filing as soon as October, people familiar with the matter told Bloomberg's Bailey Lipschultz. Citigroup (C) and Goldman Sachs (GS) are leading Westinghouse's IPO and Canadian Imperial Bank of Commerce (CM), JPMorgan (JPM) and Royal Bank of Canada (RY) are also working on the listing, the report said. The company said in July it had filed confidentially for a listing.

Cameco Reports Q2 Revenue of C$814M

Reports Q2 revenue C$814M vs. C$877M last year, consensus C$. "Our year-to-date financial and operational performance reflects the value of aligning our marketing, operational and financial decisions with strengthening industry fundamentals," said Tim Gitzel, Cameco's CEO. "Our second quarter financial results reflect normal quarterly variability, and while uranium production was impacted by challenging spring road conditions along our northern Saskatchewan supply routes, our annual production outlook remains unchanged.

Cameco and Brookfield Submit Westinghouse IPO Registration Statement

Cameco (CCJ) announced that Westinghouse Electric Company, which is owned jointly by Cameco and Brookfield Renewable Partners (BEP), has confidentially submitted a draft registration statement on Form S-1 with the SEC relating to the proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined, and the proposed offering will be subject to market and other conditions.