Uranium producer Cameco and Brookfield Renewable to acquire Westinghouse Electric Company

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!

According to the company's statement, Brookfield Renewable, with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%. The company has industry-leading intellectual property and a specialized workforce of roughly 9,000 employees capable of operating in highly regulated markets around the world.

The company noted that the total enterprise value for Westinghouse is $7.875 billion, adding that Westinghouse’s existing debt structure will remain in place, leaving an estimated $4.5 billion equity cost to the consortium, subject to closing adjustments.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stocks edge lower on Wall Street ahead of latest round of corporate earnings reportsMajor indexes are coming off a volatile week where they notched out gains because of an early two-day rally that shielded stocks from several weak days I love to walk Canada
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »