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Brookfield Business Partners acquires Westinghouse Electric Company · Endata

◂ Announcements

Jun 1, 2023ACQUISITIONUnited States

Brookfield Business Partners acquires Westinghouse Electric Company

Brookfield Business Partners, together with institutional partners, acquired 100% of Westinghouse Electric Company from Toshiba Corp. for approximately $4.6 billion. The acquisition closed on August 1, 2018 after CFIUS clearance.

Value

$4.60B

Status

Completed

Productsnuclear power infrastructure services

CompaniesBrookfield Business Partners acquirer Toshiba partner Toshiba target Westinghouse Electric Company target

Sectors#Power Generation Equipment

“Brookfield Business Partners L.P. ... entered into an agreement to acquire 100% of Westinghouse Electric Company, a leading global provider of infrastructure services to the power generation industry.”tradepractitioner.com

2 sources
tradepractitioner.comCFIUS Clearance: Brookfield Business Partners L.P. and Westinghouse Electric Company | The Trade PractitionerTrade PractitionerJun 1, 2023
marketscreener.comCFIUS Clearance: Brookfield Business Partners L.P. And Westinghouse Electric CompanyMarketScreenerJun 7, 2023

Summarized from public sources; check the original articles before acting on it.

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Nov 13, 2018ACQUISITIONUnited States$13.2B
Brookfield and Caisse to buy Johnson Controls' Power Solutions for $13.2B
Caisse de dépôt et placement du Québec acquirer Brookfield Business Partners acquirer globenewswire.com financialpost.com
Aug 1, 2018ACQUISITIONUnited States$4.60B
Brookfield completes acquisition of Westinghouse from Toshiba
Brookfield Business Partners acquirer Toshiba partner neimagazine.com
Jan 5, 2018ACQUISITIONNetherlands$246.0M
Brookfield Business Partners to acquire 75% of Schoeller Allibert for €205m
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