Canada reviews Paladin Energy's $1.5B acquisition of Fission Uranium due to potential Chinese investor influence concerns.

Canada has initiated a national security review of Paladin Energy's $1.5 billion acquisition of Fission Uranium, citing concerns over potential Chinese investor influence. Industry Minister Francois-Philippe Champagne notified Paladin of the review, which complicates the ongoing negotiations. The purpose of the review is to evaluate the acquisition's implications for national security.

October 02, 2024
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