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CENTRUS ENERGY CORP
This is a SCHEDULE 13G/A filing updating the beneficial ownership of Centrus Energy Corp (LEU) by the Bank of Nova Scotia. The reporting entity has filed the changes regarding their existing equity position with the SEC.…more
CENTRUS ENERGY CORP
Centrus Energy Corp. has completed the acquisition of Westerman Holdings, LLC, an energy sector equipment manufacturer and engineering firm, for approximately $116 million. The purchase price was paid through $95 million in cash and $21 million in common stock, aimed at securing the company's supply chain and diversifying its revenue base.…more
CENTRUS ENERGY CORP
Centrus Energy has signed a multi-year contract to supply High-Assay Low-Enriched Uranium (HALEU) to Antares Nuclear. The agreement includes prepayments from Antares to support the expansion of Centrus' domestic enrichment capacity, with deliveries scheduled to commence before the end of the decade.…more
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Centrus Energy Acquires Westerman Holdings for $116 Million
Centrus Energy has acquired its key supplier Westerman Holdings for approximately $116 million using a mix of cash and equity to diversify its revenue and improve operational efficiency. The transaction is expected to be accretive to adjusted earnings per share within the first year.…more
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Centrus Energy has entered into a multi-year agreement to supply HALEU fuel to microreactor developer Antares Nuclear, which includes provisions for prepayments. Deliveries are scheduled to begin before the end of the decade, though specific financial terms remain undisclosed.…more
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Centrus Energy has priced a $500 million public offering of common shares along with pre-funded and common warrants. This significant capital raise may lead to shareholder dilution and negatively impact the stock price.…more
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