Sale of Westinghouse Receives Regulatory Approval
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BROOKFIELD News, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE: BAM, TSX: BAM) and its listed affiliate Brookfield Business Partners (NYSE: BBU; TSX: BBU.UN) today announced the receipt of all required regulatory approvals to close the previously announced sale of Westinghouse Electric Company (the “transaction”) to a consortium of Cameco Corporation and Brookfield Renewable Partners.
The transaction is expected to be completed on or about November 7, 2023.
Brookfield Asset Management (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager with over
Brookfield Business Partners is the flagship listed vehicle of Brookfield’s private equity group. It is a global business services and industrials company focused on owning and operating high-quality businesses that provide essential products and services and benefit from a strong competitive position.
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For more information, please contact:
| Media: Marie Fuller Tel: +44 207 408 8375 Email: marie.fuller@brookfield.com | Investors: Alan Fleming Tel: +1 (416) 645-2736 Email: alan.fleming@brookfield.com |
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FAQ
Who is selling Westinghouse Electric Company?
Who is buying Westinghouse Electric Company?
When is the transaction expected to be completed?
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