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...Project delays and cost overruns also sapped confidence in the industry and forced several high-profile US companies, such as Centrus Energy Corp and Westinghouse Electric Co, to file for bankruptcy....
...Activists invested in Toshiba in 2017 after the company suffered massive losses on Westinghouse Electric....
...Westinghouse Electric, a US nuclear power company, is being bought by a private equity-backed consortium in a $7.9bn deal four years after it emerged from bankruptcy, as the war in Ukraine spurs fresh interest...
...US nuclear group Westinghouse Electric was sold to a private equity consortium for $7.9bn in a bet that the war in Ukraine will revive the sector’s fortunes....
...Bechtel and Westinghouse were both involved in previously aborted projects at Wylfa....
...“Everybody who has any standing in their sector is thinking about a Spac,” said Anu Aiyengar, co-head of global M&A for JPMorgan Chase....
...Akazoo had merged with a shell company called Modern Media Acquisition Corp....
...At least General Electric outlasted its historic rival Westinghouse by 21 years before it was finally ousted from the Dow Jones Industrial Average....
...A contract between China and Westinghouse Electric Company, the US nuclear engineering group sold by Toshiba to Canadian asset manager Brookfield last year, is not, however, broadly affected by the US policy...
...“Mega-rounds . . . reached record levels in the US as money rushed into mid- and later-stage companies,” said Anand Sanwal, chief executive and co-founder of CB Insights....
...In 2015 he parted ways with the powerful investment bank, founding boutique advisory shop Dyal Co the following year....
...SoftBank has radically scaled back a planned investment in WeWork, the lossmaking co-working space provider, following the recent technology stock rout and concerns among investors over its $100bn Vision...
...Westinghouse Electric Company, the US nuclear engineering group that went bankrupt last year, has been sold by its owner Toshiba to Canadian asset manager Brookfield in a $4.6bn deal....
...Westinghouse Electric Company, which went bankrupt last year, was acquired by Canadian asset manager Brookfield in a $4.6bn deal....
...Korea Electric Power Corp has been selected as preferred bidder for the Toshiba subsidiary that’s planning to build a nuclear power station in the UK....
...The Japanese company’s finances are in a precarious state owing to a multibillion dollar writedown on its now bankrupt US nuclear unit, Westinghouse, and it is working to complete the ¥2tn sale of its prized...
...Last July Scana announced that it would stop construction of two new Westinghouse reactors at its 55 per cent owned VC Summer plant, after working on the project for nine years....
...The Japanese company’s finances are in a precarious state owing to a multibillion dollar writedown on its now bankrupt US nuclear unit, Westinghouse, and it is racing to complete the ¥2tn sale of its prized...
...Europe’s biggest nuclear companies, Areva and EDF of France, are facing their own financial turmoil and competitors such as General Electric in the US, Hitachi in Japan and Kepco in South Korea are not rushing...
...The budget overruns have plunged several companies into crisis, including Toshiba, the Japanese conglomerate which owned Westinghouse, the reactor developer behind the US projects, until the distressed unit...
...Against this backdrop, the company booked a multi-billion dollar writedown earlier this year on Westinghouse, its US nuclear business, that plunged the company into negative shareholder equity....
...The hits keep on coming for Westinghouse, the nuclear power plant division of Japan’s Toshiba Corp....
...The sale was necessary to offset ¥1.4tn of losses after a 2015 accounting scandal at US nuclear division Westinghouse....
...Santee Cooper and South Carolina Electric & Gas Company said on Monday that they had ordered a halt to construction of their jointly-owned project, known as the VC Summer plant, in Jenkinsville with immediate...
...The recommendation to continue Vogtle was filed on Thursday to state regulators and was supported by a group of smaller utilities which co-own the project with Georgia Power....
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