Wednesday, February 10, 2021

Brookfield 'at a crossroads' on whether to sell Westinghouse : Corporate - World Nuclear News

Brookfield 'at a crossroads' on whether to sell Westinghouse : Corporate - World Nuclear News: Brookfield Business Partners is considering whether to sell Westinghouse Electric Company, the investment company's CEO, Cyrus Madon, said in a conference call with analysts on 5 February to discuss its fourth-quarter financial results. Bermuda-headquartered Brookfield completed its purchase of Westinghouse from Japan's Toshiba Corporation in August 2018. This marked Westinghouse's exit from US Chapter 11 bankruptcy protection as a restructured company.

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