![]() ![]() “We also completed the creation of our paired corporate entity, BBUC (Brookfield Business Corp.), which should support growth of our ownership base. “We had a successful start to the year, generating strong financial performance and committing approximately $1.6 billion of equity across seven new investments,” Madon said in the statement. ![]() Sebastien Bouchard, vice president for corporate communications with Brookfield, did not respond to a request for comment.īrookfield CEO Cyrus Madon said in a statement that monetizing Westinghouse would help the business. Brookfield Business Partners, which owns Cranberry Township-based Westinghouse Electric Co., revisited the idea of selling the company in a May securities filing.ĬRANBERRY TWP - A year after first indicating its interest in selling a minority stake in Westinghouse Electric Co., the nuclear energy company’s owners have publicly discussed “monetizing” the Cranberry Township-based company.īrookfield Business Partners, which owns Westinghouse, said in a May securities filing it is interested in selling its interest in Westinghouse after stating last May it might sell a minority of its investment in the company. ![]()
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