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Monday, 01/08/2018 4:12:28 AM

Monday, January 08, 2018 4:12:28 AM

Post# of 29303
$BBU Brookfield Business Partners (NYSE:BBU) agrees to purchase Toshiba’s (OTCPK:TOSBF, OTCPK:TOSYY) bankrupt nuclear power company Westinghouse Electric.

Deal price around $4.6B funded with approximately $1B of equity, 3B of long-term debt financing, and finished off with the assumption of certain operating obligations.

Brookfield Business Partners will fund approximately 50% of equity on closing using existing liquidity.   

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