# 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.

- Type: Acquisition
- Announced: 2023-06-01
- Where: United States
- Value: $4.60B
- Status: completed
- Products: nuclear power infrastructure services
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Brookfield Business Partners](https://endata.com/companies/2649.md) (acquirer)
- [Toshiba](https://endata.com/companies/8893.md) (partner)
- [Toshiba](https://endata.com/companies/8893.md) (target)
- [Westinghouse Electric Company](https://endata.com/companies/10867.md) (target)

## Sources

- [tradepractitioner.com](https://www.tradepractitioner.com/2023/06/cfius-brookfield-business-partners-l-p-westinghouse-electric-company/), 2023-06-01: "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."
- [marketscreener.com](https://www.marketscreener.com/quote/stock/BROOKFIELD-BUSINESS-PARTN-28742439/news/CFIUS-Clearance-Brookfield-Business-Partners-L-P-And-Westinghouse-Electric-Company-44059871/), 2023-06-07: "Brookfield Business Partners L.P. announced that together with institutional partners it has entered into an agreement to acquire 100% of Westinghouse Electric Company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.