29 March 2024
Toshiba offloads troubled US nuclear unit Westinghouse in USD 4.6 billion deal
Publication date: 05 January 2018
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Toshiba has struck an agreement to sell its troubled US nuclear company Westinghouse Electric to the private equity subsidiary of Canada’s Brookfield Asset Management for USD 4.6 billion, with the deal coming 10 months after Westinghouse filed for bankruptcy protection.
The deal marks Brookfield’s first...