BUZZ-Energy Fuels shares fall as it inks $1.9 bln VAC acquisition deal

Energy Fuels Inc.

Energy Fuels Inc.

UUUU

0.00

** Shares of miner Energy Fuels UUUU.A down ~8% at $14.8 premarket

** Co says it would acquire German magnet manufacturer Vacuumschmelze GmbH (VAC) for about $1.9 billion in cash and stock

** Under the agreement, Energy Fuels will acquire 100% of VAC from Ara Partners for $718 million in cash and 65.9 million newly issued shares

** Energy Fuels announces $725 mln conditional loan from U.S. office of strategic capital

** Co expects transaction to close in early 2027

** As of last close, shares up 10.9% YTD


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.