You have 0 free articles left this month.

Lawyers Weekly - legal news for Australian lawyers

Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement
Big Law

Clayton Utz, Ashurst, advise on BHP uranium deal

Clayton Utz and Ashurst have acted as legal advisers as BHP Billiton struck a deal to sell its Yeelirrie uranium deposit in WA to Canada’s largest uranium miner, Cameco Corporation.

August 27, 2012 By The New Lawyer
expand image

Clayton Utz and Ashurst have acted as legal advisers as BHP Billiton struck a deal to sell its Yeelirrie uranium deposit in Western Australia to Canada’s largest uranium miner, Cameco Corporation.

 
 

Clayton Utz has advised Cameco Corporation on the agreement with BHP Billiton for the acquisition for US$430 million.

Energy and resources and M&A partners Heath Lewis and Brett Cohen led the Clayton Utz team in Perth that advised on the transaction, which is subject to regulatory approvals.

Ashurst advised BHP Billiton on the deal.

Yeelirrie is one of Australia’s largest undeveloped uranium deposits, located about 650 kilometres northeast of Perth and about 750 kilometres south of Cameco’s Kintyre exploration project.

 

Tags
You need to be a member to post comments. Become a member today
Got a tip for us?
If you have any news tips or stories to share, feel free to send them our way.
Momentum Media Logo
Most Innovative Company