The Wall Street Journal: Cameco and Brookfield Renewable Partners to buy Westinghouse Electric Co. in $7.88 billion deal


Cameco Corp. CCJ, +1.69% and Brookfield Renewable Partners BEP, -0.10%, along with institutional partners, are planning to buy Westinghouse Electric Co.

The companies said Tuesday that they are forming a strategic partnership to acquire the nuclear services business. Brookfield Renewable, with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%, they said.

The total enterprise value for Westinghouse is roughly $7.88 billion, the companies said.

An expanded version of this report appears at

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