Summary
The Central Asian nation of Kazakhstan is poised to purchase 10 percent of Westinghouse Electric Co. for $540 million, parent company Toshiba Corp. said Monday.
Toshiba, which owns 77 percent of the Monroeville-based nuclear engineering firm, said it has signed a share-transfer agreement giving state-run energy company Kazatomprom a minority ownership of Westinghouse.See the full content of this document
Extract
Toshiba to Sell 10% of Local Firm
Toshiba will continue to control Westinghouse with its 67 percent stake. The Shaw Group Inc., of Baton Rouge, La., owns 20...
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