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The Wall Street Journal: Cameco and Brookfield Renewable Partners to buy Westinghouse Electric Co. in $7.88 billion deal

Cameco Corp. and Brookfield Renewable Partners, along with institutional partners, are planning to buy Westinghouse Electric Co. Read More...

Cameco Corp. CCJ, +1.69% and Brookfield Renewable Partners BEP, -0.10%, along with institutional partners, are planning to buy Westinghouse Electric Co.

The companies said Tuesday that they are forming a strategic partnership to acquire the nuclear services business. Brookfield Renewable, with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%, they said.

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