David Fickling, Columnist

Brookfield's Big Nuclear Bet

There aren't many other companies that fuel and service reactors globally.
Photographer: Kyodo News/Getty Images
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Is nuclear power dying out? The world's second-biggest infrastructure investor just bet $4.6 billion that it's not.

Westinghouse Electric Co., the slice of Toshiba Corp.'s bankrupt nuclear business focused on providing fuel and maintenance services to power stations, will be bought at that price by Brookfield Asset Management Inc.'s private equity arm Brookfield Business Partners LP, the company said Thursday.1515110581302