Canadian investment fund Brookfield (Brookfield Business Partners with institutional partners) said on 4 January that it is to acquire 100% of Westinghouse Electric Company from Toshiba Corporation for about $4.6bn. Westinghouse filed with the US courts for Chapter 11 bankruptcy protection in March 2017 in the face of severe financial difficulties.

• China
• Russia
• France
• United States
• Westinghouse Electric Company
• Bankruptcy

Source: NEI Magazine

Date: Monday, 08 January 2018

Original article: neimagazine.com/news/newscanadas-brookfield-to-buy-westinghouse-6021321

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