Toshiba Corporation has announced the completion of its acquisition of BNFL USA Group and Westinghouse
In a statement, Toshiba said the acquisition would make it the world's leading nuclear power group, with a business range including both boiling water reactors (BWR) and pressurised water reactors (PWR).
Toshiba invested $4,158m to acquire a 77 per cent share of Westinghouse, giving Toshiba management control of the company. The remaining 23 per cent is held by two strategic partner companies; the US-based Shaw Group and
Following the acquisition, Westinghouse will retain its operating autonomy and remain headquartered in
Massive new Coventry campus targets 60GWh battery output
Where will all the raw materials come from for the manufacturing process? How will they be transported to the factory and what is going to be done with the various scrap and residues?