Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, August 14, 2012

UPDATE 1-Toshiba likely to sell 16 pct stake in Westinghouse - report

UPDATE 1-Toshiba likely to sell 16 pct stake in Westinghouse - report


Toshiba could sell a 16% stake in Westinghouse Electric, according to a report. No potential buyers or cost were named for the shares. In 2006, Toshiba, Shaw Group and IHI spent $5.4 billion to acquire Westinghouse from British Nuclear Fuels. Reutershttp://www.reuters.com/article/2012/08/14/toshiba-westinghouse-idUSL4E8JD65220120814

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