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As planned, Toshiba (TOSYY.PK) has bought Shaw's (SHAW) 20% stake in Westinghouse Electric for...

  • Monday, January 7, 5:21 AM ET
    As planned, Toshiba (TOSYY.PK) has bought Shaw's (SHAW) 20% stake in Westinghouse Electric for Y125B ($1.4B), taking the Japanese company's holding in the U.S. nuclear-power unit to 87%. Toshiba said in December that it's negotiating with three potential investors to sell up to 16% of Westinghouse.
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