Wednesday, 7 September 2011

Shaw to sell Westinghouse stake to Toshiba

TOKYO (Reuters) - Shaw Group said it will sell its 20 percent stake in nuclear power plant company Westinghouse Electric Co to Japan's Toshiba Corp to eliminate nearly $1.7 billion of debt and strengthen its balance sheet.


Source: http://mf.feeds.reuters.com/c/871/f/435411/s/18011be9/l/0L0Sreuters0N0Carticle0C20A110C0A90C0A60Cus0Eutilities0Ewestinghouse0EidUSTRE7844HZ20A110A90A60DfeedType0FRSS0GfeedName0FtechnologyNews/story01.htm

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