Shearman And Sterling

News Mar 13, 2017

Borovas Discusses Possibilities of Asian Investments Into Toshiba-Owned Westinghouse WithBloomberg

Partner George Borovas (Tokyo-Project Development & Finance) was quoted in a Bloomberg article that discussed the possibilities of Asian investments into Toshiba-owned Westinghouse, where its technology is being incorporated by half of the world’s nuclear reactors. Borovas noted that any sale would likely be preceded by a restructuring of Westinghouse so that the “new Westinghouse” being sold would be free of any liabilities arising from the current new build projects that the company is constructing.

Read Bloomberg’s article, “Troubled Nuclear Builder Seen Best Fit for Asian Power Ambitions.”


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