Subscribe free to our newsletters via your
. Nuclear Energy News .




CIVIL NUCLEAR
Toshiba to sell 16 percent stake in Westinghouse: report
by Staff Writers
Tokyo (AFP) Dec 27, 2012


Japan's Toshiba is in talks with three parties about selling a stake of up to 16 percent in US nuclear power plant builder Westinghouse Electric, a report said Thursday.

Toshiba, which currently owns 67 percent of Westinghouse, still intends to keep a controlling share, the Japanese firm's president Norio Sasaki told Dow Jones Newswires.

The three parties "have made very good offers", Sasaki said, adding they include companies outside the United States.

Sasaki also said another 20 percent in Westinghouse which Shaw Group currently owns -- but which Toshiba is set to acquire in January under the terms of a put option-- may be purchased by Chicago Bridge & Iron Co.

However, Toshiba has received proposals from two other companies to buy the stake, he added.

Chicago Bridge is in the process of purchasing Shaw after its shareholders overwhelmingly approved the $3.04 billion acquisition earlier this month.

.


Related Links
Nuclear Power News - Nuclear Science, Nuclear Technology
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








CIVIL NUCLEAR
Japan's new govt to review zero-nuclear policy
Tokyo (AFP) Dec 27, 2012
Japan's new leaders set to work Thursday on dismantling plans to rid the country of nuclear power by 2040, pledging to review a post-Fukushima policy. The pro-business Liberal Democratic Party-led government also said they would give the green light to any reactors deemed safe by regulators, indicating shuttered power stations could start coming back online. "We need to reconsider the pr ... read more


CIVIL NUCLEAR
Boosting Galactan Sugars Could Boost Biofuel Production

Discovery May Pave Way to Genetically Enhanced Biofuel Crops

NC State Study Offers Insight Into Converting Wood to Bio-Oil

Can Algae-Derived Oils Support Large-Scale, Low-Cost Biofuels Production?

CIVIL NUCLEAR
Economic Value of Concentrating Solar Power with Storage

Community-Owned Solar Array Comes Online

Going Solar: Modern Technology At Historic Bed and Breakfast

Kuwait University and imec to Collaborate on Advanced Silicon Solar Cell Technology

CIVIL NUCLEAR
China's wind towers face U.S. tariffs

Offshore wind power: AREVA and STX France ally their expertise

US confirms duties on 1towers from China, Vietnam

Ground broken on Irish Midlands wind farm

CIVIL NUCLEAR
French power company head target of financial probe: source

Definition of sustainable organic biogas reached

Indian washermen spin out decades-old tradition

National Grid Creates Big Questions for Transmission Industry

CIVIL NUCLEAR
Iraqi Kurdistan oil exports slashed in payment row

Russia unveils $25 bn oil link to Pacific

Iran begins naval war games: reports

Quest to Find New Uses for Abundant Natural Gas

CIVIL NUCLEAR
Spiral Structure of Disk May Reveal Planets

Closest sun-like star may have planets

Nearby star is good candidate for Earth-like planets

Venus transit and lunar mirror could help astronomers find worlds around other stars

CIVIL NUCLEAR
Russia not to build Mistral class helicopter-carriers

Russia building nuclear submersible craft

Adelaide to get submarine testing facility

NTU's 'sense-ational' invention helps underwater vessels navigate with ease

CIVIL NUCLEAR
Clays on Mars: More Plentiful Than Expected

Opportunity For Some Shoulder Workout At Copper Cliff

Enabling ChemCam to Measure Key Isotopic Ratios on Mars and Other Planets

Curiosity Rover Explores 'Yellowknife Bay'




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement