Cameco, Brookfield to acquire nuclear power company Westinghouse Electric for $7.87bn

Cameco, Brookfield to acquire nuclear power company Westinghouse Electric for $7.87bn

Canadian uranium production company Cameco, Brookfield Renewable Partners and its institutional partners have jointly signed an agreement to acquire nuclear power company Westinghouse Electric in a deal worth $7.87bn. The US-based nuclear energy company will be bought from Brookfield Business Partners and its institutional partners. Currently, Westinghouse Electric services nearly half the nuclear power generation […]

Brookfield to buy nuclear power company Westinghouse Electric from Toshiba

Brookfield to buy nuclear power company Westinghouse Electric from Toshiba

Energy acquisition news : Brookfield Business Partners alongside its institutional partners has struck a deal to acquire bankrupt US-based nuclear power company Westinghouse Electric Company from Japanese conglomerate Toshiba Corporation for $4.6 billion. As per the deal terms, the Bermuda-based asset management company will purchase almost all of Westinghouse Electric’s global business as well as […]