Brookfield Business Partners

Toshiba finds buyer for Westinghouse

January 5, 2018

The OEM has finally found a buyer for its defunct nuclear plant, Westinghouse, which it bought back in 2006. A Canadian investment firm is proposing to purchase Westinghouse Electric, Toshiba’s bankrupt nuclear plant. The OEM decided to sell Westinghouse last year, after the plant incurred “massive losses” due to “rising costs and other factors”, as […]