Monday, July 16, 2007

UPDATE 1-Australia's Paladin says no approach from Cameco

(Reuters) - "The company can emphatically state that Cameco has not
approached Paladin in this regard and further that we are
unwawre of such activity," Paladin, which has a market
capitalisation of about A$5 billion , said in a
statement.




Paladin was responding to a story in the Australian
Financial Review newspaper which said Cameco may be preparing a
takeover bid for Paladin to boost its sources of supply.


Read more at Reuters.com Mergers News

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