(EnergyAsia, February 8) — Japan’s Toshiba Corporation said it has agreed to acquire from British Nuclear Fuels plc its subsidiaries BNFL USA Group Inc and Westinghouse Electric UK Limited (collectively Westinghouse) for US$5.4 billion. Toshiba said the acquisition substantially expands the scale of its nuclear systems business, positioning the company as a global competitor with…
JAPAN: Toshiba acquires Westinghouse to beef up nuclear business
Posted on February 8, 2006 by EnergyAsia