Toshiba to acquire Shaw’s stake in nuclear contractor
10 October 2012
Japanese conglomerate Toshiba Corporation is to buy a 20% stake in nuclear contractor Westinghouse Electric from US contractor Shaw at a price of JPY 125 billion (US$ 1.6 billion). Shaw said the deal should close in January 2014.
Toshiba, which already owns a 67% stake in Westinghouse, said it was…