Brookfield to buy Westinghouse for $4.6 billion

[Marlin]

Brookfield to buy Westinghouse for $4.6 billion

http://www.world-nuclear-news.org/C-Brookfield-to-buy-Westinghouse-for-4.6-billion-0401188.html

[hamsamich]

Reading up on this company...they have a buttload of cash and specialize in buying distressed businesses at their bottoms, injecting them with cash then building them back up.

[SloGlo]

Reading up on this company...they have a buttload of cash and specialize in buying distressed businesses at their bottoms, injecting them with cash then building them back up.

plus, bying the circle bar w wood give them a nice footprint in da u.s. four business tax yews.

[Marlin]

Brookfield-led group to acquire Westinghouse for $4.6B

The issues led to Toshiba splitting into four subsidiaries to protect itself from the fallout; the century-old company said it would exit the construction business. Also in September 2017, reports emerged that a handful of companies were eyeing bids for the bankrupt firm.

Despite problems with two U.S. nuclear projects, Brookfield says the company is a leader in providing nuclear infrastructure and operates within a complex regulatory and licensing environment requiring depth of expertise and capability.

https://www.utilitydive.com/news/brookfield-led-group-to-acquire-westinghouse-for-46b/514139/