M&A Deal Summary

Thorium Power Acquires Novastar Resources

On October 6, 2006, Thorium Power acquired electrical equipment company Novastar Resources

Acquisition Highlights
  • This is Thorium Power’s 1st transaction in the Electrical Equipment sector.
  • This is Thorium Power’s 1st transaction in the United States.
  • This is Thorium Power’s 1st transaction in Virginia.

M&A Deal Summary
Date 2006-10-06
Target Novastar Resources
Sector Electrical Equipment
Buyer(s) Thorium Power
Deal Type Add-on Acquisition

Target

Novastar Resources

McLean,, Virginia, United States
Novastar Resources engages in the acquisition, exploration, and development of mineral properties.

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Buyer(S) 1

Buyer

Thorium Power

McLean, Virginia, United States
Category Company
Founded 1992
Sector Business Services
DESCRIPTION

Thorium Power is a nuclear energy pioneer and the developer of proliferation-resistant nuclear fuels and a provider of comprehensive advisory services.

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2006) 1 of 1
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