Westinghouse to buy IST Nuclear in S Africa move

(Reuters) - Terms of the acquisition were not disclosed. The sale is contingent on
approval from the South Africa Competition Commission.




Japan's Toshiba Corp. took a 77 percent stake in Westinghouse, the
U.S. power plant unit of British Nuclear Fuels, for $4.16 billion late last
year.


Read more at Reuters.com Mergers News

Sumitomo to buy Westinghouse stake by June: paper

(Reuters) - The Nikkei said Sumitomo made the decision to buy the stake at a board meeting on Thursday. It will sign an agreement next month and purchase the shares by June, the paper said.

Late last year Toshiba took a 77 percent stake in Westinghouse, the U.S. power plant unit of British Nuclear Fuels, for $4.16 billion.


Read more at Reuters.com Business News