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Cameco, Brookfield Renewable Partners to Buy Westinghouse Electric Co. for $7.88 Billion

by Edinburg Post Report
October 11, 2022
in Latest • Trending
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Cameco and Brookfield Renewable along with institutional partners, are planning to buy Westinghouse Electric Co.

The companies said Tuesday that they are forming a strategic partnership to acquire the nuclear services business. Brookfield Renewable, with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%, they said.

Tags: acquisitionsAcquisitions/MergersAcquisitions/Mergers/Shareholdingsbasic materialsBasic Materials/ResourcesBEP.UN.TBrookfield Renewable PartnersC&E Industry News FilterCA:BEP.UTCA:CCOCamecoCCJCCO.TcollaborationsContent TypescorporateCorporate ActionsCorporate/Industrial NewsdealFactiva Filtersgeneral newsIndustrial ElectronicsIndustrial Goodsindustrial newsmergersMetal Ore MiningminingMining/QuarryingNon-ferrous Metal Ore MiningOwnership ChangespartnershipsPartnerships/CollaborationspoliticalPolitical/General NewsquarryingresourcesshareholdingsSYNDTechnologyUranium Ore MiningWestinghouse Electricwsj-financeWSJ-PRO-WSJ.comwsjmarkets
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